The “Own Business” program as part of the government’s eRobota project was launched in July 2022. It is designed for Ukrainians who want to receive funds to start or develop their business.
A microgrant to start or develop your own business gives a person a real chance to realize their business idea. Under this program, you can get a microgrant for starting or developing a business from UAH 50 to 250 thousand, depending on the number of jobs created. This is a non-refundable financial assistance provided by the state to individual entrepreneurs, individuals and legal entities – in return, the microgrant recipient undertakes to create new jobs, employ workers and pay salaries and taxes for three years.
The Kyiv City Employment Center invites residents of the capital to participate in the state grant program “Own Business”.
The algorithm for receiving a microgrant:
1) Create a business plan;
2) Submit an application and a business plan through the Diia portal;
3) Defend the online business plan at the employment center;
4) Obtain a decision of the State Employment Center and open an account in an authorized bank (Oschadbank);
5) Receive funds to the account, create new jobs, hire employees and start working.
Both entrepreneurs and citizens with no business experience can receive a microgrant.
Over the course of the program, 1357 participants have been approved for financial support from the state to implement business projects in Kyiv.
The average microgrant amount was UAH 240 thousand. The total amount of microgrants amounted to UAH 326 million. Most projects are being implemented in the areas of wholesale and retail trade, repair of motor vehicles and motorcycles (30% of the total); temporary accommodation and catering (16%); and the processing industry (14%).
84% of grant recipients have a university degree, 6% have specialized secondary education, 4% have incomplete higher education, 5% have secondary education, and 1% have a scientific degree. The majority of grant program winners (60%) are individual entrepreneurs, 25% are individuals, and 15% are legal entities.
The microgrants will be used to create 2623 new jobs in Kyiv.
At the same time, since the launch of the Grant for Veterans and Their Spouses program on April 10, 2023, 35 participants’ business projects have been approved. The total amount of grants amounted to almost UAH 15 million. The program participants whose projects were given preference chose the following types of activities: production and supply of demining tools and humanitarian demining equipment; provision of medical services; wholesale and retail trade.
The program participants will create at least 62 new jobs with the grants.
Do you dream of starting or expanding a business but lack funds? There is a chance to get them by participating in grant programs. You can apply for the program right now through the Diia portal. Consultations on grants are available at the Kyiv City Employment Center. Telegram support of the Kyiv City Employment Center: https://t.me/DCZKyiv.
JSB “UKRGASBANK” sold the building of the Institute in Kyiv on Kurenivskyi Lane via OpenMarket electronic auction (SE “SETAM” of the Ministry of Justice of Ukraine). The sale price amounted to UAH 64,944,207.
The building of the Institute is located in the Obolon district of Kyiv, close to a park, post offices, public transport stops, the Pochayna metro station, shops, cafes and much more.
This is the 24th lot sold by the bank at the OpenMarket auction since the beginning of martial law, and the total amount of sales for this period was over UAH 142 million.
“Despite the difficult economic situation caused by Russia’s full-scale invasion of Ukraine, the real estate market is active in the segment of banking assets. Due to JSB “UKRGASBANK” flexible approach to real estate sales, as well as taking into account the “Dutch auctions” system introduced in 2021, the demand for JSB “UKRGASBANK” assets is at a consistently high level. JSB “UKRGASBANK” expresses its gratitude to SE “SETAM” for assistance in organizing sales, active support and effective cooperation, as the success in selling the Bank’s property directly depends on the quality of the auction organizer’s work,” said Daria Musych, Head of the Debt Settlement Department of Ukrgasbank.
“I would like to thank Ukrgasbank for their trust in our electronic auction. The bank is our constant and long-standing partner. Since the beginning of our cooperation, we have already sold the bank’s assets for over UAH 2.1 billion. The bank is one of our three most successful sellers,” said Oleksandr Mamro, CEO of SE SETAM.
The auction is available at the link: setam.net.ua/auction/539330
The OpenMarket auction (SE SETAM of the Ministry of Justice of Ukraine) is a simple and effective means of selling and purchasing property via the Internet. The online auction has been operating throughout Ukraine since 2014. The total amount of sales since its launch is UAH 21.6 billion.
Daria Musych, OPENMARKET, UKRGASBANK, Олександр Мамро, СЕТАМ
The National Bank of Ukraine has updated the requirements for the capital structure of banks in accordance with the norms of the law adopted in June 2021 on improving the organization of corporate governance in banks and other issues of functioning of the banking system (No. 1587-IX), which determine the introduction of a new (three-tier) capital structure for banks from August 5, 2024.
“The new requirements are expected to be introduced in stages: by April 1, banks must develop internal regulations for determining the amount of regulatory capital; from April 1 to July 1 – to conduct test calculations and report their results to the NBU; from August 5, 2024 – to begin the implementation of the calculation of regulatory capital according to the new requirements,” the regulator said in a release on its website.
It is indicated that the regulation on the procedure for determining the amount of regulatory capital by banks of Ukraine determines: the procedure for calculating the basic capital of I level, additional capital of I level, capital of II level, their components and deductions from them; requirements for the components of capital, at the expense of which the capital is formed; procedure and conditions for obtaining by the bank of the permission / approval of the National Bank regarding the inclusion of individual components in the capital, etc.
The National Bank emphasized that the introduction of the new capital structure is another significant step towards the standards of the European Union.
“The introduction of the new capital structure for banks is a significant step to improve the stability of the banking system and its competitiveness. Taking into account the results of the stability assessment, the current state of banks and the phased introduction of new requirements, we are confident that banks will cope with this task,” the release quotes First Deputy Head of the NBU Ekaterina Rozhkova as saying.
It is specified that the regulation on the procedure for determining the size of regulatory capital by banks of Ukraine was approved by the resolution of the Board of the National Bank of December 28, 2023 № 196, which comes into force on December 30, 2023.
In Ukraine on December 31 without precipitation, at night in the northeastern part of the small rain and wet snow, reported Ukrhydrometcenter.
At night and in the morning in the southern part of the fog, weak ice.
The wind is west, southwest, 5-10 m/s.
The temperature at night from 4° warm to 1° frost, in Crimea 1-6° warm; in the daytime 3-8° warm, in the southern part 7-12°.
In the Carpathians, light wet snow at night, no precipitation in the daytime; temperatures at night and in the daytime around 0°C.
In Kiev on Sunday, December 31, without precipitation. The wind is southwest, 5-10 m/s. The temperature at night 2-4° of heat, during the day 4-6° of heat.
According to the Central Geophysical Observatory named after Boris Sreznevsky. Boris Sreznevsky in Kiev on December 31, the highest daytime temperature was 8.2 in 1925, the lowest nighttime temperature was -30.0 in 1895.
On Monday, January 1, in the western, afternoon and northern regions rain, in some places with wet snow; in the rest of Ukraine without precipitation.
In the south-eastern part at night and in the morning in some places fog.
Wind south, southwest, 5-10 m/s.
The temperature in the southern part of the night 1-6° warm, in the afternoon 6-11°; in the rest of the territory from 2° frost to 3° warm at night, in the western regions 3-6° warm; in the afternoon 1-6° warm.
In the Carpathians, wet snow; temperatures at night and in the daytime around 0°C.
In Kiev on Monday, January 1, at night without precipitation, rain in the afternoon. The wind is south, southwest, 5-10 m/s. The temperature at night 0-2° warm, in the afternoon 3-5° warm.
Argentine authorities have officially informed the leaders of the BRICS member countries of their decision not to join the association, Argentine newspaper Clarin reported Friday, citing sources in the Argentine government.
“The government has sent letters with this information to the presidents of each of the BRICS countries to make official the decision made a few weeks ago,” the newspaper wrote.
Later, Argentine President Javier Milay confirmed the country’s refusal to join the association in official letters sent to the leaders of BRICS member countries.
“Some decisions taken by the previous government will be reconsidered. Among them is the creation of a specialized unit for the country’s active participation in BRICS,” Milei said in a letter to Brazilian President Luiz Inacio Lula da Silva.
“At this stage, Argentina’s accession to BRICS as a full member as of January 1, 2024, does not seem appropriate,” Miley added.
Milay, who came to power earlier this year, opposed Argentina’s accession to BRICS as early as during his election campaign. In late November, Diana Mondino, who was then set to take over as foreign minister, said that “Argentina will not join BRICS” because it could not make the contribution to join the BRICS New Development Bank.
Argentina, along with Egypt, Ethiopia, Iran, Iran, Saudi Arabia and the UAE, was invited to join the grouping as of January 1, 2024.
Law enforcers have reported the suspicion of Yevhen Chernyak, an entrepreneur and owner of one of Ukraine’s largest alcoholic holdings, as well as six top managers of his companies. They are suspected of financing Russia’s armed aggression, the Security Service of Ukraine said.
“The security service has collected the evidence base on the owner of one of the largest alcoholic holdings of Ukraine Evgeny Chernyak, who is suspected of financing armed aggression rf. According to the investigation, despite the full-scale invasion, his companies continued to do business with the aggressor country,” the SBU said in a statement on its Telegram channel on Friday night.
Reportedly, during 2022 only in the form of payment of taxes and fees controlled by Chernyak companies transferred to the budget of the Russian Federation about 6 billion in the hryvnia equivalent. The investigation documented that the enterprises of the defendant, located in four countries of Central Asia and the South Caucasus, purchased industrial quantities of alcohol and other related products in Russia. During searches in the office premises of the holding in Ukraine, documents and other physical evidence of illegal activities in favor of the aggressor country were found.
“Based on the collected evidence, the investigators of the security service reported on suspicion Chernyak and 6 other top managers of his companies on part 2 of article 28, article 111-2 of the Criminal code of Ukraine (aiding the state-aggressor, committed by prior conspiracy by a group of persons)”, – informs the SBU.
Reportedly, the issue of seizure of their private and corporate property for transfer to the ARMA management is now being decided. The investigation was conducted under the procedural guidance of the Kyiv regional Prosecutor’s office.
According to open sources, Chernyak, the founder of the Khortytsa brand, is the head of the supervisory board of the Global Spirits alcohol holding company.
financing Russia's armed aggression, GLOBAL SPIRITS, Khortytsa, SBU, Yevhen Chernyak
