Business news from Ukraine

Business news from Ukraine

UKRAINE APPROVES PROCEDURE FOR PROVIDING MICROGRANTS FOR DEVELOPMENT OF GREENHOUSES, ORCHARDS AND VINEYARDS

21 June , 2022  

The Cabinet of Ministers of Ukraine, within the framework of the new eWork project, approved the procedure for providing non-refundable micro-grants for the development or creation of new horticulture, berry growing, viticulture and greenhouse facilities.
The government adopted the relevant resolution at a meeting on Tuesday, Prime Minister of Ukraine Denys Shmyhal said on his Telegram channel.
Program participants can be private entrepreneurs, agricultural companies and farms that own or lease land for a period of at least 25 years.
Thus, the amount of microgrants issued under the program of partial compensation for the cost of constructed greenhouses will be from UAH 5 to 7 million. Also, farmers will be provided with UAH 300,000 to 400,000 per hectare of orchards, which corresponds to approximately 70% of the average cost of planting them.
“The funds will go to the recipient’s bank account for the transparent purchase of seedlings, equipment, irrigation systems, fertilizers, etc.,” the prime minister summed up in the message.

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