The program “Access to financing and support for the sustainability of MSMEs in Ukraine” from Deutsche Sparkassenstiftung für international Kooperation

Who can take advantage:

Legal entities– existing and new clients of the bank:

• Microenterprises (staff to 20 persons, annual income to € 2 million)
• Smallenterprises (staff to 50 persons, annual income to € 5 million)
• Mediumenterprises (staff to 250 persons, annual income to € 10 million)

Objectives of lending:

Investment loans for acquisition, modernization or reconstruction of fixed assets of MSMEs)

Maximum investment project size:

€ 240 000 (excluding VAT)

Grants amount:

• 20% for standard MSMEs, but no more than € 20 000
• 30% for relocated MSMEs, but no more than € 30 000

Possibility of combining with other programs:

Yes, the program “Affordable Loans 5-7-9%”, Investment projects support program for small and medium enterprises from the Entrerpreneurship Development Fund

Period of implementation of investment projects:

01.09.2023-14.02.2024

Donor:

The German government company Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) 

Additional information:

Amount of program funding for Ukraine - 5 million euros. The total grant limit for KredoBank is 0,8 million euros