Ukrainian Entrepreneurs Get Up to €20K for Energy Resilience Grants

Ukrainian companies can receive up to €20 thousand to improve energy resilience. Entrepreneurs from Mykolaiv region will also receive funding, as the region is included in the priority zone in terms of the level of the affected energy sector.

This was reported by the Window of Recovery network with reference to the Entrepreneurship Development Fund.

The grant program covers the purchase of energy equipment (solar panels, wind turbines, diesel generators, batteries) and payment for commissioning services.

In total, it is planned to allocate 80 grants of 10 thousand euros for microenterprises and 42 grants of 20 thousand euros for small enterprises. For small businesses, participation in the program is only possible if the grant is combined with a bank loan.

Priority will be given to enterprises from high-risk regions, including Mykolaiv, Sumy, Kharkiv, Dnipro, Lviv (except Lviv city), Volyn, and Kirovohrad regions.

Screenshot: Entrepreneurship Development Fund

The funds can be used for:

• Purchase of equipment for electricity generation or storage (wind turbines, solar panels, generators, batteries).
• Purchase of energy-efficient equipment from the official catalog.
• Payment for services related to the commissioning of the equipment.

The program is implemented within the framework of the project "Supporting Energy Sustainability of Micro and Small Enterprises in Ukraine" with the support of the governments of Germany and Norway as part of the ReACT4UA initiative.

Screenshot: Entrepreneurship Development Fund

In January, teenagers in the Mykolaiv region received financial support to implement their own projects aimed at rebuilding communities affected by the war. As part of the program, young people developed ideas for creating public spaces: museums, art locations, and educational centers. A total of $25,000 was allocated for these initiatives.

In Voznesensk, veterans founded a company specializing in the production of concrete products for construction. The entrepreneurs plan to create jobs for their comrades-in-arms and support them in difficult life circumstances.

At the same time, a family of IDPs from Mykolaiv turned a hobby into a successful nut processing business. The company has a social mission: the family buys nuts from local residents and engages them in production. The Petukhovs also plan to employ internally displaced persons and women from rural areas, helping them find new opportunities for development.

Анна Бальчінос