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Businesses in Ukraine to receive €1.6 billion — UIF competition launched

The Steering Committee of the Ukraine Investment Framework (UIF) has announced a call for applications for banks to finance micro, small and medium-sized enterprises (SMEs). The total amount of support is EUR 1.6 billion, of which EUR 1.4 billion is provided in the form of loan guarantees, and another EUR 200 million is for grants and technical assistance. This was reported by the Ministry of Economy.

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The competition is aimed at expanding access to finance, in particular for businesses in war-affected regions, as well as companies founded by internally displaced persons (IDPs), veterans and other vulnerable groups. A separate area of support is provided for companies engaged in demining.

According to Yulia Svyrydenko, First Vice Prime Minister of Ukraine and Minister of Economy, this initiative will help small and medium-sized businesses develop, stabilise the economy and contribute to its sustainable growth. She stressed that SMEs provide about 80% of jobs in Ukraine, so it is important to create conditions for their financial support.

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Eligible businesses can receive loans with lower collateral requirements, which reduces risks for banks and makes it easier for entrepreneurs to access finance.

In addition, the UIF Steering Board approved eight new investment programmes in strategic sectors, such as housing reconstruction, hospital modernisation, energy network rehabilitation, transport and industry development.

New financing for Ukrainian businesses is expected to become available in the second half of 2025. Businesses can contact partner banks to apply for future funding.

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Олексій Захаров
Олексій Захаров
Editor | 17 years experience in media. Worked as a journalist at Vgorode.ua, a video editor at ‘5 Channel,’ a chief editor at Gloss.ua and ‘Nash Kyiv,’ and as the editor of the ‘Life’ section at LIGA.Net.

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