cover image: THE MAIN AVAILABLE FUNDING MECHANISMS FOR BUSINESS

THE MAIN AVAILABLE FUNDING MECHANISMS FOR BUSINESS

22 Dec 2023

The focus should be on SMEs and the investment component, including avenues like bank loans, leasing programs, venture capital investments, crowdfunding, and state grants • The main (largest) business support programs available in Ukraine: • EBRD: Focuses on large projects in energy, logistics, and agro-industrial sectors, with financing exceeding $3.0 bn (over $1.7 bn in the private sector) from. [...] Please contact us via Recovery in Ukraine to review any data provided 4 Programs Sectors mailto:recovery.ukraine.meu@gmail.com EBRD FINANCING • EBRD aimed to provide €3 bn in financing to Ukraine's real economy in 2022- 2023, with plans for a capital increase of €3b n to €5 bn by year-end • EBRD has allocated funds for various projects since March 2022 – energy security, vital infrastructure, food. [...] Over €700m in new lending to municipalities and private companies in critical sectors Energy 820 o €520m for Ukrenergo's liquidity and €300m to Naftogaz o Memorandum of Understanding for €600m in new financing for Ukrenergo, Naftogaz, and Ukrhydroenergo Trade facilitation 800 o €250m in loans to Ukrainian Railways (Ukrzaliznytsya) for operations and railway upgrades o €182m to upgrade a road secti. [...] Please contact us via Recovery in Ukraine to review any data provided 5 mailto:recovery.ukraine.meu@gmail.com EIB FINANCING • The European Investment Bank (EIB) has provided over €7.5 bn in funding to Ukraine, including €1.7 bn since March 2022 • In March 2022, the EIB approved €668m in immediate financial support, reaching €1.7 bn by June 2023. [...] This support, initially intended for SMEs and the agricultural sector, has contributed to Ukraine's economic recovery • For Ukraine's recovery projects, a Memorandum of Understanding was signed, allocating €840m for priority infrastructure projects in 2023 • In the private sector, the EIB allocated €230m through credit lines with partner banks and partial portfolio guarantees for new SME loans.

Authors

Olya

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Pages
11
Published in
Ukraine