From food products to drones: who received new state grants

The Ministry of Economy has approved another 25 applications under the 'Grants for Processing Enterprises' program. According to the ministry, after meeting the program's conditions, these companies and entrepreneurs will be able to attract more than 127.4 million UAH in state support for modernization or production development. The program is part of the state policy to develop 'Made in Ukraine' producers and allows enterprises to receive funds for upgrading equipment or expanding production capacities on co-financing terms.Nine grants totaling 58.2 million UAH will be financed by the Ministry of Economy, the rest by the State Employment Service of Ukraine.

'In June, another 25 enterprises and entrepreneurs received positive decisions on granting more than 127 million hryvnias. Nine of them will be financed by the Ministry of Economy, the rest by the State Employment Service. Overall, since the beginning of the year, we have already approved 160 applications totaling nearly 792 million hryvnias. The grant program allows businesses to invest in modernization of equipment, expansion of production capacities and launch of new directions. I remind you that if the application was not approved at the first attempt, it can be refined and submitted again – the number of attempts is not limited,' noted the First Deputy Prime Minister of Ukraine – Minister of Economy of Ukraine Yulia Svyrydenko.

This time, applications for grants from producers of: food products, heating and ventilation equipment, textiles, clothing, furniture, medical materials, animal feeds, concrete solutions, bricks, drones, as well as agro-processors and machine builders were approved. The maximum grant amount is 8 million UAH.The Ministry of Economy continues to provide support in the form of grants to processing enterprises, promoting modernization and production development in Ukraine. It has been emphasized that this program supports 'Made in Ukraine' producers and allows businesses to invest in improving and expanding their production capabilities.