Business news from Ukraine

USAID launches program for 20 Ukrainian agricultural enterprises to develop exports

3 April , 2024  

The USAID Rural and Agricultural Development Program has announced the launch of a program to co-finance 20 Ukrainian agricultural processing enterprises that intend to restore and develop their export potential, the press service of the Ministry of Agrarian Policy and Food reports.

According to the report, the competition is open to non-state (private) enterprises/companies that have export-oriented development strategies and are regular exporters.
The companies can receive co-financing to increase the volume of purchases and processing of raw materials, in particular, by attracting micro, small and medium-sized agricultural producers for long-term partnership. Grant recipients will also be able to introduce new grain processing technologies to increase productivity by at least 25%.

It is expected that with the grant funds, the companies will be able to develop a long-term export strategy and increase sales by 20% through 5 new export channels and markets for processed products and increase sales in foreign markets.

The USAID AGRO program will focus on restoring and strengthening processing capacities to produce value-added products for export, such as corn for feed and food; wheat for food, industrial and feed purposes; rye for industrial and feed purposes; industrial sunflower seeds; high oleic sunflower seeds; soybeans for industrial and feed purposes; varietal and regular cycle seeds.

The donor organization has drawn the attention of applicants to the fact that projects aimed at storing grains, oilseeds and pulses, including receiving, cleaning, drying, storing, and shipping grain by rail and road, are not eligible.

The application deadline is May 31, 2024.

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