Overview of business opportunities
We look forward to sharing new opportunities for financial support and business education in our regular section #opportunitiesforbusiness. This week, we advise entrepreneurs to consider the following initiatives.
Financial support
USAID's Competitive Economy Program in Ukraine increases funding for the Business Continuity and Recovery Grant.
The grant program was launched on July 22, 2022, and is implemented in partnership with the Ministry of Economy of Ukraine. Grant support has increased from UAH 36 million to UAH 92 million, enabling more small and medium enterprises to benefit from it. The program will provide about 120 grants ranging from UAH 600,000 to UAH 1,200,000.
Application deadline: July 5, 2023
Learn more: https://bit.ly/3PTA8qc
From $35,000 to $90,000 to support Ukrainian businesses’ participation in international trade events.
USAID's Competitive Economy Program (CEP), implemented by KIMONICS International, is seeking grant applications to support Ukrainian businesses’ participation in international trade and investment events and B2B missions to enable them to internationalize their business, find new and existing customers, build networks, gain access to key decision-makers in target markets, and accelerate export sales and investment.
Application deadline: September 15, 2023
Learn more: https://bit.ly/46TZ2fi
From UAH 10 million to UAH 36 million - subgrants to co-finance projects to support the processing of grains, oilseeds, and pulses
The purpose of the sub-grant program is to improve access to micro, small, and medium agricultural enterprises (MSMEs) that produce grain agricultural products to facilities for processing and refining of grain, oilseeds, and legumes into food, feed, industrial products, and biofuels, which will create the potential for the production of value-added products and expand sales channels and markets, which in turn will have a qualitative and quantitative impact on the food security of Ukraine and the world.
The project will continue to accept applications until 18:00 Kyiv time on 12/10/23 or until the funds are exhausted.
Learn more: https://bit.ly/43vG4ZD
Education.
The Sustainable and Resilient Entreprise (SURE) training and advisory program for executives and managers of small and medium enterprises.
Executives and managers of small and medium enterprises who want to develop a risk management and resilience strategy for their own businesses are invited to participate in the Sustainable and Resilient Enterprise (SURE) training and advisory project.
Application deadline: July 20, 2023
Learn more: https://bit.ly/3K0Mbhs
Export Compass: a mentoring program to support young businesses entering foreign markets.
Export Compass is an intensive three-month mentoring program launched to support young businesses seeking to expand beyond Ukraine and enter international markets. The program is being implemented under the USAID "Dreaming and Acting" initiative. It offers participants the opportunity to leverage the achievements of recognized Ukrainian and foreign experts and gain the necessary knowledge and support to enter international markets successfully.
Application deadline: July 15, 2023
Learn more: https://bit.ly/3JYY3Rc
Global E-commerce Access: we are launching an educational program for Ukrainian entrepreneurs to enter foreign markets through international digital commerce platforms.
The program will select 200 participants who plan to develop international sales through e-commerce or have already started doing so and need additional knowledge.
Application deadline: 25 July 2023
Find out more: https://bit.ly/3pIopAd
