Business news from Ukraine

Cabinet of Ministers has financed microgrant program “Own Business”

The Cabinet of Ministers of Ukraine has allocated 33.3 million UAH to finance the micro grants program “Own Business”.
“Owing to the funds allocated today, about 150 people will receive micro grants to start or expand their own business. Hundreds of new working places will be created. This is very important for the recovery and development of the economy and for overcoming the problem of unemployment in the country”, – the government press service quotes the first vice prime minister – Minister of Economy Yulia Sviridenko.
It is noted that as of November 4, 14.6 thousand grant applications on four grant programs of the project “eRabota. There have already been 2 131 positive decisions totaling 1.8 billion UAH. In particular, 1 911 positive decisions were made under the program “Own Business”; 167 – under the program “Recycling”; 53 – under the programs “Garden/Greenhouse”.

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