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11 Jul. 2024

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How to get a grant for doing business in Ukraine?

Finance
BusinessUA
Ukraine
How to get a grant for doing business in Ukraine?

While Ukrainians can receive grant support to start and develop their own business, a number of conditions must be met in order to receive state funds. Find out who can apply for a grant, what documents are required, and how our lawyers can help you successfully complete all stages of the process

Comprehensive legal support of grant projects
Comprehensive legal support of grant projects
ORDER


Receiving a business grant is an important step in the development of entrepreneurship. Grants help finance new projects, expand existing businesses, and create new jobs. In this article, we'll look at who can apply for a grant, what requirements need to be met, and how to apply online and offline.

Who can apply for a grant?


Individuals who plan to start a sole proprietorship, existing sole proprietors, and legal entities can apply for the grant. To apply, you must meet the following requirements:

– not to reside or work in the temporarily occupied territory of Ukraine;

– not to work in the territory of russia;

– not to be under sanctions;

– not to have any bankruptcy proceedings pending;
– not to be prosecuted for corruption;

– not have any debts to the budget;

– not to manufacture and/or sell weapons, alcoholic beverages, tobacco products, or engage in currency exchange;

– not be credit, insurance organizations, investment, non-state pension funds, professional securities market participants, pawnshops.

How to apply for a grant online and offline?


Submitting an application online


1. Register or log in to the citizen's account using BankID or an electronic signature.

Please note: if you are a sole proprietor or a legal entity, you must use the key of the sole proprietor or the head of the legal entity from the company's EDRPOU.

2. Fill out the online application and attach the business plan in the prescribed form. You can download a sample on the Diia portal.

3. Sign with an electronic signature and submit the application.

Submitting an application offline


If you need advice on the program, please contact your nearest Oschadbank branch.




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What should the applicant do after submitting the application?


The State Employment Center will review the application within 15 business days after the deadline for submitting grant applications. Diia will notify you of the result. If the State Employment Center approves your application, contact Oschadbank within 20 business days to open an account and conclude a microgrant agreement.


Receiving a business grant can be a great opportunity to grow your business. However, the process of applying and preparing all the necessary documents can be complicated and time-consuming. To ensure the success of your application, it is important to have reliable legal support. Our lawyers will help you at every stage, from choosing the right grant to preparing a business plan and documents. Trust the professionals to get a grant quickly and without unnecessary hassle.

The "Legal support of grant business" product provides a comprehensive approach and includes:

1. Choosing a grant for business: Assistance in choosing the best grant for your business.

2. Analysis of grant requirements and conditions: Assessment of your business's compliance with the grantors' requirements.

3. Writing a business plan: Professional preparation of a business plan for the application.

4. Filling out a grant application and preparing a project budget: Comprehensive completion of all necessary documents.

5. Preparation and approval of documents with the donor: Everything you need to implement the project.

6. Legal and tax support during project implementation: Ensuring compliance with all legal and tax requirements.

7. Interview support: Preparation and support during interviews with grantors.

Ensure the success of your business grant with the professional support of Visit Ukraine's lawyers. Contact us today and we will help you go through all the stages of the process quickly and efficiently!

You can order legal support by following this link. For more information, please contact us via Viber, WhatsApp, Telegram at +380938392984.

We remind you! Last year, just over 4,000 companies were closed in Ukraine, which is half as many as in 2021, but the quantitative indicator does not reflect the full picture. Read our previous article to find out which businesses were most often closed during the war and which Ukrainian cities are leading in terms of the number of liquidated companies.

Photo: Freepik


Want to know more? Read the latest news and useful materials about Ukraine and the world in the News section.






Ihor Usyk is the Head of Legal Department at Visit Ukraine


If you want to start your own business in Ukraine, you can get advice from my colleagues.
Professionals in the field of business law will help with all the nuances and problems.




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