402 creative sector entrepreneurs received grants under the “Own Business” program

Key points

  • 402 entrepreneurs from the creative sector received grants under the “Own Business” program, with a total amount exceeding UAH 141 million.
  • The most popular grant size was UAH 500,000, with the second most popular being UAH 100,000.
  • Almost 70% of grant recipients were women.
  • Most projects will be implemented in Kyiv, Lviv, Kyiv, Cherkasy, and Odesa regions.
  • The implementation of the supported business plans is expected to create over 600 new jobs.

402 entrepreneurs from the creative sector received grants under the “Own Business” program, with a total funding amount exceeding UAH 141 million.

Most entrepreneurs chose a grant of UAH 500,000, which was received by over 37% of all grant recipients. The second most popular grant was UAH 100,000, chosen by over 20% of participants.

Support is aimed at small and micro-businesses in the fields of culture, creative industries, and creative entrepreneurship. Most grants were received by entrepreneurs working in:

  • design;
  • advertising;
  • photography;
  • programming;
  • art education;
  • individual creative activity.

Among the grant recipients, almost 70% were women. The most active age groups were entrepreneurs between 26-35 and 36-45 years old.

Most projects will be implemented in Kyiv, Lviv, Kyiv, Cherkasy, and Odesa regions.

The “Own Business” program provides grants from UAH 100,000 to 1 million for starting or scaling a business.

For amounts over UAH 500,000, a co-financing scheme applies: 70% is provided by the state, and 30% is invested by the entrepreneur. Funds can be directed towards:

  • purchasing or renting equipment;
  • licensed software;
  • marketing;
  • renting premises;
  • creating copyright objects.

The implementation of the supported business plans is expected to create over 600 new jobs.

Applications are accepted on the “Diia” portal, and consultations can be obtained at any employment center, “Made in Ukraine” offices, or by calling 1518.

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Юлія Мирська
Юлія Мирська
Author | She graduated with a degree in television and radio journalism. She has about a year of experience working in the media. She worked as a news editor for the online publication Speka.media.

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