Business news from Ukraine

Business news from Ukraine

Top 5 mistakes when working with grants: Experts Club video recommendations

More and more entrepreneurs and organizations are turning to grant programs in the hope of obtaining financial support for their projects. However, many of them make typical mistakes even at the stage of submitting and implementing an application, which can lead to undesirable consequences. In this regard, Kyiv Analytical Center “Experts Club” together with the founder of “Granta” company and grant projects implementation expert Olga Shaverina, launched a series of YouTube videos, dedicated to the peculiarities of grant financing. In the first video Olga Shaverina shared her experience and told about the most common mistakes made by beginner grantees, as well as gave recommendations on how to avoid them.

The first mistake many people make is not trusting grantmaking tools. Some entrepreneurs do not realize the opportunities that grants provide and miss the chance to get funding for their projects. Lack of information about grant programs and lack of knowledge about procedures can cause missed opportunities.

The second mistake, according to the expert, has to do with not accepting the fact that business is part of society. Many entrepreneurs forget that grant programs are usually aimed at solving social problems or supporting certain social initiatives. Emphasizing the social importance of their project can help in attracting the attention of grantmakers.

The third mistake is neglecting procedures. This is a critical component of successful grantmaking, where proper paperwork and adherence to grant program requirements are critical to your success. Negligence in this matter can cause the application to be rejected.

“Reassign the preparation of the grant application to your secretary on the principle of “He/She can do it! ” because he/she knows how to do the paperwork is the most common mistake among applicants. Most projects fail exactly on this basis,” says Olga Shaverina.

The fourth mistake entrepreneurs often make is underestimating the cost of training. First of all it is a question of labor inputs, because preparation of the grant application demands time, efforts and resources. Some entrepreneurs underestimate the amount of work required to prepare a quality application. Developing a detailed budget, creating a project plan, and analyzing the market and competitors all require careful preparation and research. The lack of a detailed plan and an incomplete understanding of the necessary resources can lead to project failure.

Finally, a fifth mistake worth noting is misunderstanding partnerships and consultant selection. Working in partnership with other organizations or consultants can greatly improve the chances of a successful grant project. However, choosing partners incorrectly or not understanding their role and contribution to the project can lead to conflicts and ineffective work. The criteria for selecting partners and consultants must be clearly defined and meet the goals and needs of the project.

Ms. Shaverina also emphasized the importance of a proper understanding of reporting. Many entrepreneurs underestimate the importance of reporting and do not pay adequate attention to it. Failure to comply with reporting requirements may result in penalties or loss of funding. Therefore, it is necessary to carefully study the reporting requirements and provide all the necessary documents in a timely manner.

Maxim Urakin, founder of the Club of Experts, in turn, shared statistics on grant assistance to Ukraine for the years 2022-2023. Thus, he noted that in 2022 international aid to Ukraine amounted to more than $32 billion, including 18 billion in grant support.
“This year Ukraine has already received about $19 billion in assistance, of which $11 billion was received in January-March, of which $3.7 billion came in the form of grants. That is why grant assistance, including those for specific projects, is extremely important for our economy under current conditions,” said Maxim Uralkin.

So, grant programs are an important tool for business development and implementation of social initiatives. However, in order to receive grant support successfully, it is necessary to avoid common mistakes, which the experts told us about. Compliance with requirements and procedures, understanding the importance of the social aspect of the project, choosing the right partners and consultants, as well as consciously estimating costs and preparing for reporting are all factors that can increase the chances of success.

You can learn more about the mistakes you make when submitting a grant proposal by watching the video on the Club of Experts YouTube channel:

https://www.youtube.com/watch?v=8F7qjrSoWac

Subscribe to the channel at:

https://www.youtube.com/@ExpertsClub

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Second seminar-tasting of best Ukrainian wines was held at the Experts Club

The Ukrainian wine market continues to actively develop and introduce new quality standards. This is evidenced by the recent return of Ukraine to the International Wine Organization and the holding of competitions, festivals and tasting events aimed at popularizing domestic brands. The highest quality of Ukrainian products was demonstrated during the second tasting seminar-presentation “Consumer tasting of the best craft wines of Ukraine-2023”, which was held at the Kyiv Analytical Center “Experts Club” on June 23. This event was part of a broad initiative aimed at supporting and developing the wine industry in Ukraine.

The event was supported by the All-Ukrainian Association of Winemakers and Sommeliers, the House of Ukrainian Wine, and the Public Union “Ukrsadvynprom”. They act not only as organizers but also as active participants in the process of supporting and developing the domestic wine industry. Information support for the event was provided by the Open4business portal and the Interfax-Ukraine news agency. The special partners of the evening, TM Zakarpatski Kovbasy and TM Kozatski Kozyrni Cheese, provided gastronomic wine pairings that allowed to fully reveal the unique taste of each bottle presented.

In his speech, Maxim Urakin, the founder of the Experts Club, emphasized the importance of supporting domestic wine producers.

“Every bottle of wine made in Ukraine is not only a high quality and delicious product. It is also a contribution to the development of the Ukrainian economy, jobs and confidence in the future for our compatriots,” he emphasized.

In her turn, Natalia Blagopoluchna, President of the Ukrainian Association of Winemakers and Sommeliers, emphasized the unique organoleptic and flavor properties of Ukrainian craft wines.

“Our wines impress with their diversity, which is guaranteed by different local conditions and grape characteristics. They surprise, inspire, and encourage experimentation. Our wines are creativity and art. And we have every right to be proud of it,” said Blagopoluchna.

During the tasting, experts, guests and participants were able to evaluate the quality and taste of twelve best wines and spirits presented by domestic producers: TM 46 Parallel, TM Babchuk Winery, TM Driukivski Wines, TM Chateau Pinot, Georgiy Samsoniuk, TM My Wine by Eduard Gorodetsky, TM Kovach Wines, TM Vinorob Vinokur, TM KALYUS WINERY and Ivan Gorobets.

At the same time, the event has become an excellent platform for the exchange of experience, knowledge and ideas between producers, experts and wine lovers. Such interaction is the key to the success of the Ukrainian wine industry, which continues to actively develop and conquer new heights of quality.

The next seminars and tastings are already planned for the “Experts Club“.

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Experts Club will host second tasting seminar in support of Ukrainian winemaking

On June 23, 2023, Kyiv Think Tank Club, within the framework of the initiative aimed at supporting and developing the wine industry, will hold the second tasting seminar-presentation dedicated to the winners and finalists of the VIII All-Ukrainian Tasting Competition “Variety and Terroir. Micro winemaking. Unbreakable”.

According to the organizers, this event will be an interesting event for all wine lovers, both expert sommeliers and restaurateurs, representatives of retail, media community and ordinary consumers. At the seminar, visitors will be able to learn about the products of the leading craft producers of Ukrainian wines and spirits, as well as join the platform for the exchange of opinions and ideas between leading experts in the field of winemaking.

Maksym Urakin, founder of the Club of Experts, PhD in Economics, emphasized the importance of supporting domestic wine and spirits producers.

“Our event is not just aimed at developing a culture of wine consumption in Ukraine. It also contributes to the growth of domestic production, helping the economic revival of our country. Each bottle of wine produced in Ukraine is a step towards creating jobs, increasing tax revenues and enhancing economic stability,” said Maxim Urakin.

The wine samples presented at the event will be presented by the finalists of the VII All-Ukrainian Tasting Competition “Variety and Terroir. Micro winemaking. Unbreakable” of the All-Ukrainian Association of Winemakers and Sommeliers, which will give visitors the opportunity to experience a rich bouquet of flavors created using traditional winemaking methods and modern technologies. Natalia Blagopoluchnaya, President of the Ukrainian Association of Winemakers and Sommeliers, noted that all wines presented at the event have been expertly evaluated according to all criteria, from aroma and taste to texture, color and overall harmony.

The following Ukrainian wines and spirits will be presented at the wine evening:

“Sparkling pink, 2019” by 46 Parallel TM;
“Riesling, 2022 by Babchuk Winery;
“Rkatsiteli Orange, 2020” from TM “Driukivski Wines”;
“Pinot Noir, 2021 from Chateau Pinot TM;
“Pinot Noir, 2020 by Georgiy Samsoniuk;
“Merlot, 2021” and “Cabernet Sauvignon, 2021” from TM “My Wine”, Eduard Gorodetsky;
“White dessert vermouth” and “Honey casserole, 40%” from TM “Winemaker Vinokur”;
“Chacha Odesa Black, 2022, 42%” from TM “Winemaker Vinokur”;

Zweigelt 2019 TM “Vina Kovač”
Chorna perlina 2017 TM “Vina Kovača”
“Apple, 42%” from TM “KALYUS WINERY”;
“Calvados, 42% from Ivan Gorobets.
The partners of the event are the All-Ukrainian Association of Winemakers and Sommeliers, the House of Ukrainian Wine and the Public Union Ukrsadvynprom, which actively support the revitalization of domestic winemaking and expansion of its influence on the global wine market.

Information support for the event is provided by Open4business portal and Interfax-Ukraine news agency.

The special partners of the evening, Zakarpatski Kovbasy TM and Kozatski Kozyrni Cheese TM, will provide the perfect gastronomic pairings for the wines, which will help to further reveal the taste of each bottle presented.

Each participant will have the opportunity to personally taste the wines of leading Ukrainian winemakers, evaluate their character and quality, exchange opinions with other visitors and experts, and ask questions to the representatives of the producers. The seminar-tasting, which will be held at the Club of Experts, promises to be a bright event in the life of the Ukrainian wine community, bringing together wine connoisseurs, experts and producers under one roof.

In addition to supporting domestic winemaking and getting acquainted with the best samples of Ukrainian wine, the event participants will have the opportunity to engage in an important dialog about the future of winemaking in Ukraine. This includes discussing the current problems and challenges faced by the industry, sharing experiences and finding potential ways of development.

The organizers of the event hope that this initiative will not only raise the status of Ukrainian winemaking, but also stimulate the development of this industry by attracting investors’ attention, facilitating international dialogue and opening new prospects for Ukrainian wine on the global stage.

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Experts Club analyzed key macroeconomic trends in Ukraine and world – video

Kiev analytical center “Club of Experts” on its YouTube channel presented another video overview of the macroeconomic situation in Ukraine and in the world.

In the new edition, the founder of the “Club of Experts”, Maksim Urakin, PhD in Economics, noted that since official data on the population of Ukraine is not available now because of the ongoing war, the UN estimates as of June 2023 (43.3 million people) are not completely correct.

“These estimates cannot be sufficiently accurate given the availability of other data sources, such as the Ukrainian Institute for the Future, which in its most recent study estimates the available population at 29 million inhabitants. This reflects a significant population decline of nearly 9 million over the past year, caused by the mass exodus of citizens out of the country after the war began,” Urakin noted.

Despite these challenges, the outlook for Ukraine’s gross domestic product (GDP) can be considered encouraging.

“The GDP decline in the first quarter of 2023 was down from the same period last year at 13.5%. But we foresee an overall positive trend, given the forecast of the NBU, which expects economic recovery starting from the second quarter of 2023,” said the expert.

With the increase in the negative foreign trade balance of Ukraine, it is clear that the country faces new challenges.

“In January-April 2023 the negative balance of foreign trade in goods of Ukraine increased 40 times in comparison with the same period of 2022 – up to $ 7.04 billion. This means that the cost of Ukraine to purchase the necessary goods by $ 7 billion exceeded the income from export of Ukrainian goods, “- said Urakin.

The world economy continues to show strong signs of recovery from the shocks caused by the COVID-19 pandemic. At the same time, GDP growth rates of the leading countries differ markedly.

“In the U.S., the economy is showing moderate growth of 1.3% in the first quarter of 2023, up 0.2% from what was previously reported. In China, meanwhile, GDP grew 2.2% in the first quarter of 2023, more than expected, thanks to a rebound in exports and consumer spending. The volume of China’s digital economy in 2022 also increased significantly – by 10.3% to 50.2 trillion yuan ($7.25 trillion), indicating the increasing role of the digital economy in the country’s overall economic growth,” said Maxim Urakin.

The expert stressed that despite different levels of growth, it is clear that the economies of different countries are still struggling due to the effects of the pandemic and global uncertainty. However, they continue to adapt and strengthen, as evidenced by this latest data.

Watch the full video on YouTube at the link:

Subscribe to the Experts Club channel here:

https://www.youtube.com/@ExpertsClub

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“Experts Club” held a seminar to teach journalists basic first aid skills

The analytical center “Club of Experts” in Kiev within the framework of the initiative on training of journalists in basic skills of rendering the first pre-medical care has held the first seminar-workshop. The event was organized by the Club of Experts, the Adonis network of medical centers, and “Help For Ukraine” Charitable Foundation, “Hromada Priirpenia Foundation” Charity Foundation; the information partner – “Interfax-Ukraine” and Open4Business portal.

The seminar was attended by the representatives of mass media from different regions of Ukraine, whose work is connected with risk and possibility of facing emergency situations. According to the participants, mastering basic first aid skills can be of vital importance at critical times, related to their professional activities in wartime conditions.

The seminar’s keynote speaker, Adonis Medical Group anesthesiologist Mariana Bolyuk, is the co-author of 12 scientific publications and has a wealth of experience in the medical field. In her presentation, she covered important aspects of pre-medical care, including algorithms for basic life support, types of bleeding and how to stop it. Practical techniques, such as determining the pulse on main arteries and applying a turnstile, were also practiced at the seminar.

According to Maxim Urakin, organizer of the seminar and founder of the “Expert Club,” in the current situation it is important to develop first aid skills among journalists because the role of their profession and the risk they face daily has increased significantly in war conditions.

“According to information published in the media, since last February, 61 media workers have already been killed and about 500 more journalists have been wounded. Therefore, we are deeply aware of the importance of training journalists in basic first aid skills. Our colleagues constantly face risks and have the responsibility of informing the public under difficult conditions. Therefore, we should strive to provide journalists not only with information, but also with the means to preserve and protect their lives and health,” Urakin emphasized.

In the future, the organizers of the seminar plan to develop this training project, covering more media representatives and expanding their knowledge and skills in first aid. Journalists with a basic knowledge of premedical care will be able to act more effectively in difficult situations, contributing to quick and effective aid to victims. First-aid training for journalists in the future must become an integral part of their professional training and responsibility to society. According to the organizers, it is important to support and develop such initiatives in the future so that journalists are prepared for emergencies and contribute to general safety and well-being.

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In Kiev will be held training workshop “First pre-medical aid in injuries and trauma for journalists”

On Thursday, June 8, Kyiv will host a workshop entitled “First Aid in Case of Injuries and Traumas”. It is intended for media representatives who will be able to master the basic skills of first aid in case of injuries and traumas.

The keynote speaker at the seminar will be Mariana Bolyuk, an anesthesiologist and representative of the Adonis Medical Center Group. She is a co-author of 12 scientific publications and has extensive experience in the field of medicine.

The organizers of the seminar attach great importance to this event and provide an opportunity for journalists to gain the necessary knowledge to provide first aid. Participation in the training will allow journalists to respond more effectively to emergencies and act professionally in case of injuries and traumas.

According to Maksym Urakin, co-organizer of the training, media workers are more often involved in emergencies, so the organizers are trying to hold such events on a regular basis to save lives.

“In total, 61 media representatives have been killed during the conflict. In addition, according to media reports, about 500 journalists have been injured or traumatized to varying degrees since the beginning of the war. With the help of our trainings, we are trying to save lives and health of citizens,” said Maksym Urakin.

The seminar was organized by the Kyiv-based think tank Club of Experts; Adonis, medical partner; Help For Ukraine Charitable Foundation; Pryirpin Community Foundation, general partner; Interfax-Ukraine and Open4Business, general media partners.

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