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Who can receive a veteran's grant and for what?

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Publication date: 26.09.2024

The current conditions of a full-scale invasion are forcing everyone to change. Each change or  initiative requires a certain resource: moral and financial. Today we will talk about attracting funds for our own business by special people - veterans and members of their families.

Who can receive a business grants for veterans.

Who is included in the circle of persons who can apply for financial support?

  • First of all, these are participants in hostilities and persons with disabilities as a result of hostilities. The second spouse of this person also joins this list. 
  • In the context of the legal status of a person, there is a requirement to be officially registered as an entrepreneur for at least three years only if you claim more than 500,000 hryvnias. If the desired amount of receipt is up to 500,000 hryvnias - there are no restrictions on official registration until the moment of funding for veteran entrepreneurs. That is, it is clear here that financing for veteran entrepreneurs with experience is higher, which is logical in principle. After all, the state prefers not just to give funds to those in need, but also to be sure that there will be benefit from this and that there will not be such a situation that after a few months the recipient will say "I cannot use such funds." Accordingly, the amount is provided according to the recipient's experience.
  • Whoever plans to receive financial assistance must check whether there are no prohibitions for him before submitting an application - not to conduct his business on the lands of the occupier, not to be under sanctions, not to be, for example, an insurance company or investment fund, a pawnbroker, not to be involved to be liable for corruption offenses, not to have a state organization or to be bankrupt. 

By the way, participants of the anti-terrorist operation (ATO) and those who fought in Afghanistan are also entitled to financial support for veterans in the form of a grant. 

Question

Can I apply for a grant for veterans if I previously received a grant for my own business from Yerobot?

Respond

No, in that case you lose the right to this financial support. However, if you were rejected there, you can re-apply for this grant.

Question

What should the wife of a serviceman do if she wants to receive help, is ready to apply, but her husband is on the front line. Can a woman exercise her right in this case?

Respond

Yes. The woman submits an application, after which a letter to be signed with an electronic signature is automatically sent to the specified e-mail address of the husband. In this way, he can remotely record the fact of willpower without necessarily being physically present.

What can the received funds be spent on?

Before asking for help, everyone determines what kind of help he needs. And here it is important to compare your needs with the list of allowable expenses for the funds available to UBD through grants. Veteran entrepreneurs are supported for various purposes, including:

  1. Purchase of equipment, furniture and machines for the needs of one's own business.
  2. Launch of advertising and marketer services.
  3. No more than 30 percent of the funds can be used to rent equipment if you are not ready to buy it yet.
  4. If you want to work according to a proven model, you can purchase a franchise for an already existing business with grant funds. By the way, this possibility of directing funds is not available in the usual grant from YeRobot "Own business".
  5. You can spend up to 25 percent of the funds on the renovation of commercial premises. Including if you need land to carry out business activities, grants for UBD cover up to 25 percent of this need.
  6. Other according to the grant conditions.

Thus, an important moment before submitting an application and in general this idea is the main one is to decide what the received funds will cover. 

Question

Is it possible to buy raw materials with the received funds for doing business?

Respond

Yes. Up to 70 percent of funds can be spent in this grant on raw materials, materials, goods and services that are necessary to turn the business plan into reality, as well as on animals or seedlings to create farms.

What to do if you don't know where to start applying?

Drawing up and submitting an application for a grant for veterans and their families should not be extremely difficult. If you have ever participated in any grants, or are interested in this matter, have computer skills, you will definitely get results if you put in the effort. 

If you're just starting to master the art of getting grants, you'll need to get your head around it first. The participation itself is recorded by submitting 2 things: an application (a person's willingness to receive funds) and a business plan (a detailed description and calculation of the perspective of your business). And if the application is not so difficult to fill out, it is extremely difficult to write a business plan without specialized knowledge. 

Our company offers you support for veteran-owned businesses. We offers a range of services, thanks to which the chances of receiving the desired help increase several times. We offer:

 

Comprehensive overview of the business idea. We provide an individual approach to each client, taking into account your business vision and wishes. We immediately talk about the reality of the implementation of your idea.

Attracting the necessary specialists. We know who is needed to write an application and a business plan. And we have this list of professionals.

Case monitoring. We don't just provide a one-time service, upon agreement, we will analyze the progress of the case continuously until the end of the case.

Assistance in passing an interview during the stage of receiving assistance. As you know, the interview must be done directly by the recipient of the grant. But with our guidelines and instructions it will be easy.

Conclusion

 Government grants for veterans can be received by every combatant, the second of his spouses, including those who received a disability as a result of the war. It is important to check in advance for compliance with the requirements prescribed for participants to receive a grant, which will ensure the avoidance of unpleasant situations. You also need to think in advance about what you are ready to spend money on, and this should be done not in general terms, but in sufficient detail. If you need help, you can always contact our company. We offer comprehensive consultation on the issue of receiving a grant by veterans, and conducting the case completely on a turnkey basis.

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