Grants: Gateway to Growth for Small Businesses in Wartime. How to Secure Funding?

06 october 2023,

The importance of supporting small businesses in Ukraine and the necessity for small businesses to receive aid

In the midst of the full-scale war in Ukraine, new businesses are being established daily: as per Vkurse statistics, there was a 34% increase in businesses opened this summer compared to the same period last year. Given the hostilities and economic hardships, it is particularly crucial for small businesses to have access to financing. In this context, grants are emerging as one of the potential sources of funds to support and develop entrepreneurs. However, before applying for a grant, it is important to understand where to seek these opportunities and what requirements can be anticipated from different grantors.

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