The USAID Economic Support for Ukraine Project (USAID Project) has announced the launch of a grant program to compensate at least 20 Ukrainian agricultural logistics companies for 30% of the cost of grain handling equipment from Kobzarenko Plant LLC, the project’s press service reports on Facebook.
According to the report, the USAID support program for Ukrainian agricultural companies provides that the company buys equipment from the manufacturer for 70% of its cost, and 30% is compensated by the USAID Project. Such business support is expected to increase grain export and transshipment capacity by 2.5 million tons per year.
Micro, small and medium-sized enterprises with annual revenues not exceeding the equivalent of EUR40 million can purchase the equipment at a 30% discount.
This program is not available to agricultural holdings and companies that have already received assistance from USAID or will receive it in the near future, the donor organization added.
As part of the support program, companies can purchase equipment that will help improve the efficiency of grain handling processes at all key nodes of the export route, namely: mobile wagon unloader RVM-180, ground reloading bunker BNP-12 “Ark”, belt loader SN-25 in electric version.
The USAID project has expressed its readiness to compensate 30% of the cost of 51 units of equipment from Kobzarenko Plant.
