Own Business Microgrant Program

About

The Own Business Microgrant Program is an initiative by the Ukrainian government aimed at supporting small and medium enterprises during the ongoing war, providing non-repayable funding to help businesses start or expand, particularly in the trade, hospitality, and manufacturing sectors, while also offering special support for veterans and other vulnerable groups, thus fostering economic resilience and job creation in challenging times.

Benefits

• 💰Non-repayable Funding
  Non-repayable funding to support business startup or expansion
• 🛠️ Funds Usage
  Funds can be used for workshop repairs, equipment purchases, raw material reserves, or other business adjustments
• 🤝Direct Assistance
  Direct assistance to cope with war-related capital shortages and market collapse
• 📈Business Resilience
  Enhances business resilience and increases employment
• 👥Increased Support
  Increased support for special groups (women, veterans, internally displaced persons)
• 🎓Ongoing Government Improvements
  Ongoing government improvements and additional non-financial support like training and mentoring
• 💰Follow-up Funding
  Some applicants may receive opportunities for follow-up funding applications
• 🌍Economic Recovery
  Supports the real economy and promotes economic recovery

Eligibility Criteria

• Must be a small or medium enterprise in Ukraine
• Funding between 50,000 to 250,000 UAH
• For amounts over 75,000 UAH, must create 1-2 jobs
• Special support for veterans and their spouses
• Applicants under 25 can apply for up to 150,000 UAH without job creation requirement
• Owners in frontline regions can apply for up to 500,000 UAH

Target Sector

Small and Medium Enterprises

Target Location

Ukraine