The European Commission has created two programs worth €7.5M for Ukrainian entrepreneurs.

In particular, two project proposal tenders under the common name ReadyForEU with a total budget of €7.5M have been announced. The purpose of the tenders is to help businesses take advantage of the single market in a competitive environment. The first competition, Business Bridge, with a budget of €4.5M, will provide financial support to Ukrainian small and medium-sized enterprises (SMEs) affected by the war through vouchers for access to services and participation in trade exhibitions in the EU. As a result, up to 1,500 Ukrainian SMEs focused on growth and sustainable development will be selected, receiving direct support of up to €2,500. The second competition, Erasmus for young entrepreneurs – Ukraine, with a budget of €3M, will allow young Ukrainian entrepreneurs to gain business experience in other European countries. According to the competition results, organizations in Ukraine and the EU will be selected, recruiting up to 430 new Ukrainian entrepreneurs and choosing entrepreneurs in the EU who will accept them.