International partners offer development grants to Ukrainian businesses.

Tuesday, July 23, 2024
International partners offer development grants to Ukrainian businesses.

The Norwegian Nansen Grant Program opened a competition for projects from Ukrainian agricultural producers and processing enterprises. The competition aims to promote investment-ready projects, particularly in food security, agriculture, and food production, and to modernize and improve the efficiency of existing businesses. The grant will cover up to 70% of the project’s cost. The minimum grant amount is NRK 1M (₴3.82M).

As well, a program funded by the European Commission under the STAGE Initiative offers €25,000 to businesses to help them transition to sustainable development. Beneficiaries can use the funds to prepare an investment project plan, adapt business processes, and other transitional expenses. Businesses in the following industries can use the program: textiles, construction, electronics, digital technology, renewable energy sources, agricultural, and many others.

 

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