The government is expanding the “Own Business” program by introducing special conditions for creative entrepreneurs.
Who can receive the new grant?
Therefore, the creative sector has received new opportunities for development, Prime Minister Yulia Svyrydenko said, reports 24 Channel .
Please note : From now on, the program extends to representatives of the film and video industry, libraries and museums, theaters, architecture and design, media, photography, game and software development, PR and advertising, as well as individual artistic activities, including the production of unique folk crafts.
What are the conditions for receiving grants?
Workers in these areas can receive:
- 100 thousand hryvnias – for freelancers-individual entrepreneurs;
- 200 thousand hryvnias – for a business that creates 1 job;
- 500 thousand hryvnias – provided that 2 jobs are created and co-financing is in the ratio of 70/30;
- 1 million hryvnias – provided that 4 jobs are created and co-financing is 70/30.
Advantages of the “Own Business” program?
Svyrydenko emphasized that “Own Business” remains one of the key programs to support small and medium-sized businesses.
Over the three years of implementation, more than 28 thousand Ukrainians have received grants to start or develop their own business. Special attention has been paid to veterans. Thus, combatants have already taken advantage of more than 2 thousand grants.
What else is known about business loans?
- The government has increased the maximum amount of grants available to affected businesses. Now, instead of 8 million hryvnias, you can receive 16 million.
- The grants are aimed at helping businesses buy new equipment. The government will cover up to 70% of the cost of Ukrainian-made equipment. In addition, businesses whose equipment has been destroyed or damaged will receive reimbursement for 80% of their investment.
- In addition, young Ukrainians aged 18 to 25 will receive grants of up to 150 thousand hryvnias to implement their own business ideas within the youth direction of the state program “Own Business”.