One hundred projects from Ukrainian veterans will receive funding from the Ukrainian Veterans Fund under the Ministry for Veterans Affairs to implement business ideas.
Terms and grant amounts
Grants will range from 500,000 to 1.5 million hryvnias and are intended both for launching entrepreneurial ventures and for expanding existing businesses. This year's selection received 398 applications.
Among the winning projects are restoration workshops, a veterans' clothing brand, and sports centers for people with disabilities. Cafés, retail outlets, auto repair shops, farms, medical facilities and other initiatives that are expected to contribute to the economic development of communities and to veterans' reintegration into civilian life will also be supported.
Distribution by region
The largest number of grants went to applicants from Poltava and Lviv regions, as well as Kyiv region and the city of Kyiv.
- On July 31, Parliament adopted a law on veteran entrepreneurship that grants subject status for five years and opens the right to one of the types of state support: preferential lending, compensations, grants, lease of state property without an auction, and priority in public procurement.
- Prime Minister Yuliia Svyrydenko estimated on November 27 that after the end of the war there will be about 5–6 million veterans and their family members in Ukraine.
