Up to $20,000 in Grants Available for Ukrainian Businesses – Mercy Corps Eligibility Criteria.

Financial Assistance for Businesses in Ukraine

According to Novyny.live: Mercy Corps, an international humanitarian organization, has launched a grant program offering up to $20,000 in non-repayable funding to small and medium-sized enterprises in Ukraine. This initiative provides a vital resource for entrepreneurs looking to grow their operations. The program is open to businesses operating in the Kyiv, Chernihiv, Dnipropetrovsk, and Odesa regions.

Program Participation Requirements

To qualify, entrepreneurs must meet specific conditions. These include:

• having a legally registered business;
• employing at least one worker;
• running an active business with no outstanding debts.

Additionally, applicants must commit to retaining three jobs and contributing their own funds toward business development. The grant money can be used for business growth, such as purchasing production equipment.

Applications are submitted online via the official Mercy Corps website. For further details or assistance, entrepreneurs can call +380 97 059 51 88. This effort aims to strengthen Ukraine's business environment and help entrepreneurs navigate current challenges.

Supporting small and medium-sized businesses in Ukraine is a key step in rebuilding the country's economy, especially as entrepreneurs face numerous difficulties due to war and economic instability.

Mercy Corps' program could be a critical lifeline for entrepreneurs seeking financial resources to develop and stabilize their businesses. — Source: Mercy Corps

This, in turn, can positively impact the labor market and economic conditions in the regions where it is implemented.