The Ministry of Economy has approved another 25 grants for processing enterprises

The Ministry of Economy of Ukraine has approved another 25 applications within the framework of the program “Grants for Processing Enterprises”. The total amount of potential state support for this stage is over 127.4 million hryvnias. This was reported by the press service of the department.Of this amount, 58.2 million hryvnias will be financed directly by the Ministry of Economy, the rest by the State Employment Service of Ukraine. After fulfilling the conditions of the program, recipients will be able to use these funds to modernize production, purchase equipment or launch new production lines.“In total, since the beginning of the year, we have already approved 160 applications for the amount of almost 792 million hryvnias.

The grant program allows businesses to invest in the modernization of equipment, expansion of production capacities and the launch of new areas,” commented First Deputy Prime Minister and Minister of Economy of Ukraine Yulia Svyrydenko.This time, grants will be received by enterprises operating in the field of food production, heating and ventilation equipment, textiles, clothing, furniture, medical materials, animal feed, concrete mortars, bricks, drones, as well as companies engaged in agro-processing and mechanical engineering.As previously reported by the UAprom portal, the grant program covers companies that have successfully passed the assessment and scored the necessary number of points to receive funds for the development of the processing industry.

Source: https://uaprom.info/news/pererobni-pidpryiemstva-otrymaiut-vid-derzhavy-127-mln-hrn-hrantiv-na-rozvytok-ta-modernizatsiiu/