Oschadbank became the authorized bank of the new state program.
Oschadbank became the authorized bank of the new state program “isRobota “, According to which Ukrainians will be provided with non-refundable grants of up to UAH 250,000 for starting a new business or developing an existing one. This decision was made by the government.
The program will start on July 1. Everyone will be able to submit an application with a business plan to create or develop their own business to the branches of the Savings Bank. The possibility of submitting applications through the Action portal is currently being developed. Any Ukrainian (individual) or legal entity can become a participant of the program.
Due to a grant from the state in the amount of up to UAH 250,000. the entrepreneur or legal entity will be able to purchase equipment, pay for raw materials and materials, make a partial payment of rent. In case of creation of one or two jobs for a period of more than 3 years and payment of taxes for this period, the grant is not refundable.
After reviewing the project, if it meets the program criteria, the grant funds will be transferred to a separate account of the grant applicant in the Savings Bank. The decision to grant a grant will be made by the State Employment Service.
Read also: The status of the unemployed: how Ukrainians in the occupation to apply for it
Recall that 72.7% of surveyed companies believe that the situation will not get worse in the future. This is shown by a monthly business survey conducted by the Institute for Economic Research and Policy Consulting.
