The Cabinet of Ministers has launched three new grant programs to support businesses, Prime Minister of Ukraine Denys Shmygal said.
“The first is irrevocable grants for the creation and development of processing enterprises. This may be an enterprise in the woodworking, metalworking, agricultural processing, furniture or construction sectors,” he said during a government meeting on Friday.
He added that the state will provide up to UAH 8 million in grant funds for those who already own a processing business or want to start one. It is fashionable to spend the grant on the purchase of equipment, the main requirement is to create at least 25 new jobs. In this case, the business owner must invest 30% of his investment. To receive a grant, an entrepreneur should submit a working idea, the prime minister explained.
The Cabinet of Ministers also approved a grant program for the IT sector and high-tech startups in the amount of UAH 750 thousand to UAH 3.5 million with the requirement to create at least five jobs.
In addition, the government launched the Start in IT grant program for IT education with a budget of UAH 1.8 billion, Shmygal noted. Thus, the state plans to finance educational grants up to UAH 30,000 for 60,000 Ukrainians. Funds can be spent on paying for a school or courses that will be determined by the Ministry of Finance.
This program is not for students or current professionals, but for those who have lost their jobs or are down and want to learn new skills in the profession of a developer or web designer, he pointed out.
Gradually, the details of these and other programs within the framework of the eWork project will become available in DIA, the head of government said.
The Cabinet of Ministers is allocating the first billion hryvnia from the Reserve Fund to restore the territories liberated from Russian troops, Prime Minister Denys Shmyhal said.
“The funds will be used to eliminate the consequences of hostilities and the priority restoration of infrastructure,” Shmyhal wrote on the Telegram channel on Sunday.
According to him, UAH 400 million is allocated for the Kiev region, UAH 250 million each for Chernihiv and Sumy regions, and another UAH 100 million for the Zhytomyr region.
The Prime Minister noted that the funds will be used to repair engineering networks and systems for the restoration of heat, gas, water, electricity, as well as to dismantle the destruction, repair roofs, replace windows and doors, eliminate potholes on roads and other urgent needs.
The funds will be managed by the civil-military administrations in each region. On the part of the government, the process will be coordinated by the Ministry of Development of Communities and Territories.
“This is only the first stage, and there is still a lot of work to be done on the capital restoration of our country. We will start this immediately after the victory,” Shmyhal stressed.
