30 Ukrainian companies will receive grants of up to €25,000 to develop their business. These businesses work on innovative products and services or are actively expanding into exports. The winning companies are located in 12 regions of Ukraine. The grant wave took place within the framework of the EU4Business program, which the EU and the German Government co-financed.
Also, due to the complicated export procedures for micro, small, and medium-sized agricultural producers in Ukraine, they need additional elevator capacities. Therefore, the USAID AGRO program will provide up to ₴270M ($7M) in co-financing to Ukrainian enterprises that provide services for drying, storage, and processing of grain and technical crops. The program envisages 10-15 co-financing projects, with a budget from ₴18M to ₴36M each.
The projects will increase the volume and length of grain and industrial crop storage, contributing to business sustainability and improving food security in Ukraine.