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Get a loan with a grant to develop your business

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Publication date: 14.08.2024

In today's world, it is important to attract grant support, because it can provide a jump dozens of steps ahead of competitors. Ensure competitiveness and support the inclusiveness of your business with the help of the financing program and grants from Oschadbank and EBRD.

Types of grant from the state for business development 

LET (Eligible Technologies)/GET (Green Technologies) projects

  1. LET projects support financing of pre-approved technologies that are included in the list of eligible technologies (List of Eligible Technologies) and have CE marking.
  2. GET (Green Economy Transition) projects are aimed at supporting the transition to a "green" economy, in particular, financing equipment that is included in the Green Technology Selector list.
  3. SPS projects are loans for investments aimed at compliance with EU standards or technical regulations on food safety laid down in the Free Trade Area Agreement (DCFTA/AA).
  4. Complex projects are credit programs that include significant investments to increase the competitiveness of companies through new equipment and improvement of technological processes.

Window "Enterprise Revival" in Ukraine. The purpose of this grant is to restore the depleted capital of small and medium-sized enterprises (MSMEs) in Ukraine that were affected by the war. The target audience is businesses that have been displaced or have suffered destruction and loss of assets due to hostilities.

Veteran Reintegration Window. This grant is intended to facilitate the reintegration of war veterans into civilian life and support the development of their own businesses. Eligible sectors include energy security, critical infrastructure, transport and logistics, and projects supporting livelihoods and strengthening human capital.

Priority industries

When selecting participants, the organizers will first of all pay attention to enterprises related to the following industries:

  • Agriculture, farming and fishing
  • Production and processing of food products and beverages
  • Provision of agricultural services
  • Lease of agricultural assets
  • Import and transportation of finished products in agricultural sectors

When submitting an application, you should focus on them, thus comparing your activities with those that are in priority.

Criteria for borrowers

There is also a list of so-called requirements that are necessary for successfully receiving this grant. 

The borrower implements or plans to implement policies and training for war veterans, as well as improve infrastructure for persons with disabilities with the support of the EBRD.

The borrower continues its activities on the territory of Ukraine.

Question

Does the borrower have to be a war veteran?

Answer

The borrower must be a war veteran, an individual entrepreneur or a legal entity in which 50% of the property belongs to war veterans.

The Borrower has on staff war veterans, representing more than 20% of the total number of personnel in the last six months.

The borrower largely serves war veterans, who account for more than 20% of customers or revenue in the past 12 months.

Borrower serves war veterans who represent more than 10% of customers or revenues in the past 12 months.

The owner and/or manager of the borrower is a relative of a war veteran or a person affected by war.

Opportunities

The following opportunities are presented in this grant:

  • Collateral: 50% of the loan amount — movable and/or immovable property
  • Term: from 12 months
  • Loan amount: up to 3,000,000 euros or the equivalent in hryvnia
  • Repayment schedule: individual
  • Loan currency: hryvnia, dollar or euro

Type of loan - revolving or non-revolving line of credit, term loan,

Intended us - financing of working capital for the implementation of the main economic activity, financing of investment projects, in particular the purchase of fixed assets.

Question

What is the term of the loan?

Respond

From 12 to 66 months (provided that the final credit date does not exceed October 18, 2029)

Question

How much is the amount of the grant?

Respond

The size of the grant is up to 10% of the loan amount, but not more than 300,000 euros in equivalent.

Our services for processing European grants for business development

Obtaining grants for business development can be a decisive step for the growth of your company. The grants for business development 2024 is available in various programs that offer European grants for business development, as well as a government grant for business development. These opportunities make it possible to obtain significant financial resources for the implementation of business projects.

  • If you are looking for a way to issue a European grant for business development, our law firm is ready to help you. We specialize in the preparation of documents for the registration of European grants, and we also support you at every stage of the process of obtaining funding.
  • Grants for small business development. Small business development grants provide entrepreneurs with unique opportunities to expand their activities. Our lawyers will help you correctly prepare an application to receive grant for business development 2024, taking into account all the requirements and criteria for applicants.
  • Do not miss the chance to receive a grant for business development. Use our legal services to successfully design and implement your business plans with the help of business development grants. After all, there are grants for business development all the time, although under different conditions and criteria for receiving them. Today, a grant for business development may be one with a million dollar budget, tomorrow it will be much smaller. 

We will provide you with full support in the process of obtaining financing, so that you can focus on the main thing - the development of your business.

Grant conditions

Submit an online application through OschadBusiness.

Get a positive decision.

Contact the Oschadbank branch for a loan.

Conclusion

Financing and grant programs from the Savings Bank and the EBRD provide significant opportunities for business development in Ukraine, supporting both the transition to a green economy and the reintegration of war veterans. Thanks to flexible credit terms and targeted support for war-affected enterprises, these programs contribute to the country's economic growth and social stability. To receive this grant, we invite you to a consultation! Our experience allows us to use the opportunities provided by the grant as efficiently as possible and business development. Thanks to our support, you can avoid mistakes when applying and increase your chances of receiving funding. Contact us, and we will help you successfully issue a business development grant, which will become a reliable basis for the further growth of your company. With us you get a grant for business development.

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If the service is not provided, the funds are returned to you. The service takes on all financial risks and acts as a guarantor and custodian of funds, and in case of disputes between the parties, acts as an independent Arbitrator.

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