Furniture, pharmaceuticals, products: processing enterprises will receive grants.

The Ministry of Economy has approved a new list of companies and entrepreneurs who will receive grants under the program 'Grants for Processing Enterprises'. According to preliminary data, 22 businesses have already been admitted to receive funds totaling UAH 108.9 million.In total, since the beginning of the year, 135 applications for grants totaling more than UAH 664.4 million have been considered. Some entrepreneurs have already taken advantage of this opportunity, while others will receive funds after meeting the program's requirements. The 'Grants for Processing Enterprises' program is aimed at entrepreneurs who have a clear development plan and seek to enhance their competitiveness. One of the important selection criteria is the transparency of activities. Among the winning enterprises are manufacturers of furniture, building materials, pharmaceutical products, and other sectors. If the application was initially rejected, the entrepreneur can correct it and resubmit for reconsideration, said Andriy Teliupa, Deputy Minister of Economy of Ukraine.The program conditions provide for the financing of 7 grants totaling UAH 37.4 million from the Ministry of Economy budget and another 15 from the State Employment Service of Ukraine. Applications are submitted in waves every two weeks, with a new opportunity to submit documents through the Diia platform starting June 7. By the end of 2024, manufacturers will be granted 375 grants totaling UAH 1.8 billion.