The EBRD and EU are increasing their business support program in Ukraine by €2B.
The European Bank for Reconstruction and Development, with funding from the European Union, is boosting its aid for small and medium-sized enterprises (SMEs) in Ukraine, allowing them to secure €2B in new funding via EBRD partner banks. This additional EU assistance is part of the Ukraine Investment Framework and includes €200M in guarantees, €105M in grants, and €10M for technical support.
This new funding aims to offer loans to at least 3,000 businesses and preserve 180,000 jobs. Ukrainian companies can also access investment incentives through EU grants covering 10% to 30% of essential capital investments, mainly in energy-efficient and green technologies. Over half of these grants will target enterprises with assets that have been damaged or destroyed by the war or located in frontline zones.
Moreover, the EBRD and EU are launching the Revival of Ukrainian Small and Medium-sized Enterprises program, with expectations of providing €135M in funding and advisory services for businesses and startups, with €46M coming from EU support. This initiative plans to finance at least 15 Ukrainian projects.
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