$1.5 Mln USAID Grant for Ukrainian Business Development

by Meifan Honcharuk
Friday, June 9, 2023
$1.5 Mln USAID Grant for Ukrainian Business Development

As part of the "Competitive Economy Program", businessmen in Ukraine can receive a grant to export their products worldwide

USAID Ukraine announced grant funding for the Competitive Economy Program for Ukrainian export-oriented entrepreneurs. The $1.5 million fund will be distributed among Ukrainian business representatives ready to scale their production to other countries and export their goods worldwide. First of all, the program is designed to conclude partnerships between Ukrainian enterprises in the fields of IT, manufacturing and engineering, and art. This move will help create new jobs in Ukraine and thus alleviate pressure on the Ukrainian economy.

Until September 30, 2023, candidates can apply to USAID and receive a $35.000-150.000 grant to develop their business in Ukraine.

Earlier, USAID launched a grant program to develop women's and family businesses in Ukraine.

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