A Growing Veteran Community
Initially, it was anticipated that the population of Ukrainian veterans—along with their families and the families of those who are missing, held captive, or have died—would number around 5 million people. However, according to the recently approved “Veteran Policy Strategy until 2030,” this figure has grown to 9 million. This massive community constitutes nearly 35% of Ukraine’s population, highlighting the urgent need for effective reintegration programs.
Entrepreneurial Potential as a Path to Reintegration
Adapting such a large group of veterans to civilian life is a strategic challenge for the state. Observing the national character of Ukrainians, many experts believe that encouraging entrepreneurial initiatives among veterans can be a highly effective long-term investment in human capital.
Globally, around 15% of people engage in entrepreneurial activities, but analysts predict that among Ukrainian veterans this share could reach 25%. Establishing their own businesses and startups may help veterans shift their focus from military to commercial objectives, and maintain or improve upon their former income levels from service.
Limited Employment Alternatives
In Ukraine’s civilian market, stable, adequate income often comes from working in large corporations, holding multiple freelance jobs, or launching a business. During the drafting of the “On Veteran Entrepreneurship” bill, many veteran entrepreneurs expressed that owning a business allows them not only to achieve financial security but also to support their comrades actively serving on the front lines. This dual purpose—economic stability and contributions to the defense effort—serves as a powerful motivator.
Broad Range of Veteran-Owned Enterprises
Ukrainian veteran entrepreneurs are venturing into various sectors. They are starting farms, producing meat products and herbal teas, crafting souvenirs and knives, sewing embroidered shirts, and even manufacturing drones. Many are employing fellow veterans, providing training, and attracting investment. This peer-to-peer support network exemplifies the collective effort to rebuild both the economy and the social fabric.
Current Support Programs and the Way Forward
At present, veteran business support initiatives primarily function at the national level. Key programs include:
- Ukrainian Veterans Fund: Offers grants for established veteran-owned businesses and provides advisory services.
- Ministry of Economy and State Employment Service: Grants loans from UAH 250,000 to 1 million, contingent upon employing veterans.
Local efforts are also taking shape. In the Poltava region, a business association and NGO “Bazuka” advise fellow veterans on entrepreneurship. The “Young Veterans” project in Odesa provides grants to veterans under 25 for their own enterprises, and some universities offer business consulting services.
Legislative Action Needed
To formalize and expand these efforts, the Verkhovna Rada should approve the “On Veteran Entrepreneurship” draft law. This legislation would provide a clear framework for government-led initiatives, making it easier to allocate budgets and create supportive programs on an annual basis.
Entrepreneurship as Social Adaptation
The initial focus of veteran support centered on mental health rehabilitation. However, it soon became evident that beyond physical and mental wellness, veterans need viable paths to social integration and stable income. Entrepreneurship can provide both a livelihood and a new sense of purpose.
By nurturing veteran entrepreneurship, Ukraine can not only jumpstart economic recovery but also ensure that those who served their country have the opportunity to thrive in civilian life, benefiting both their families and the nation’s future.
