Starting a business: how to get a grant for your own business

18 February 2023, 17:24 | Economy
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In the summer, Ukrainians have the opportunity to receive non-refundable grants to start their own business. Any Ukrainian (individual) or legal entity can become a participant of the program.

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Detailed instructions have been published on the Diya portal, which will help you apply for a grant to create or develop your own business. The grant amount is from 50 to 250 thousand. UAH.

Future entrepreneurs, current sole proprietors or legal entities can apply for a grant:.

not staying and not carrying out economic activities in the temporarily occupied territory of Ukraine;

not carrying out economic activities in the territory of Russia;

not subject to sanctions;

in respect of which bankruptcy proceedings have not been initiated;

for which there is no court decision on criminal liability for corruption;

not indebted to the budget.

These funds can be used:.

for the purchase of equipment;

purchase of raw materials;

rent (no more than 25% of the grant amount);

equipment leasing.

In case of receiving a grant, a person must:.

create at least one job;

operate for at least 3 years;

pay taxes to the budget, in particular, for the employment of employees.

A person must return the grant amount only if he does not fulfill his obligations to the state, that is, he does not create jobs in accordance with the grant amount.

How to apply for a grant online.

Register or log in to the citizen's account on the portal using BankID or electronic signature.

Please note that 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 according to the USREOU of the enterprise.

Fill out an online application.

Attach a business plan in the form (available on the Diya portal).

Sign with an electronic signature and send it.



Please note that 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 according to the USREOU of the enterprise. If you need advice on the program, you need to contact the nearest branch of Oschadbank.

The decision to grant a grant is made by the State Employment Service, after checking the application with an authorized bank and considering the business plan.

Recall how IDPs can receive grants to start a business.




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