News/Press

EU4Business training challenges myth that women cannot manage finances
Ukraine
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08/11/2017
“There is a myth that women cannot manage finances. It's not like that," consultant Kyrylo Lynnyk told participants in a training for women entrepreneurs organised by the EBRD and the EU4Business initiative in Zaporizhzhya on 26 October. This was confirmed by the participants of the training - successful business ladies from the Zaporizhzhya region, managers and owners of small and medium-sized...
Reduced interest rates for SME loans in Kyiv as City Administration and German-Ukrainian Fund present new programme under EU4Business
Ukraine
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07/11/2017
On October 30, the Kyiv City Administration and the German-Ukrainian Fund (GUF) presented a Joint Programme on the Subsidy of Interest Rates for Loans to Small and Medium-Sized Enterprises (SMEs) in Kyiv. The programme is implemented for the loans that are issued under the GUF's SME Support Programme, funded by the German Government through KfW in cooperation with the European Union's EU4Business...
Ukrainian government publishes action plan for implementing SME strategy
Ukraine
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07/11/2017
The Ukrainian government has published for consultation its draft order on the Action Plan for implementation of its SME strategy to 2020, drawn up with the support of the EU4Business FORBIZ project On 30 October, the Ministry of Economic Development and Trade published the Draft Order of the Cabinet of Ministers ‘On Approval of the Action Plan for Implementation of the Strategy for the...
#StartBusinessChallenge: new EU4Business regulation platform launched in Vinnytsya
Ukraine
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06/11/2017
On 1 November, the Better Regulation Delivery Office (BRDO), supported by EU4Business FORBIZ project in Ukraine, presented its Platform for Effective Regulation (PRO) in Vinnytsya. Entrepreneurs, authorities and experts discussed the challenges facing Vinnytsya business, such as land allocation, connection to power grids, transfer of residential premises to non-residential premises, etc. "There...
SME events and trainings across Ukraine: plan ahead for November
Ukraine
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01/11/2017
A number of EU4Business events and trainings will be taking place in towns and cities across Ukraine in November, targeted at SMEs and entrepreneurs. They include a number of business forums and round table discussions around issues ranging from farming to exports, regulation to creative economy. Check out the events near you and make sure you register for participation. There are also several...
First EIB local currency loan for SMEs in Ukraine made possible with EU support
Ukraine
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26/10/2017
The European Investment Bank has provided its first ever local currency loan in Ukraine to improve small and medium-sized businesses’ access to affordable financing.​ The loan to ProCredit Bank Ukraine denominated in Ukrainian Hryvnia, equivalent to EUR 60 million, has been made possible by the European Union and TCX, an international currency exchange fund. It is a landmark deal combining EIB...
The EIB Group signs the first guarantee agreements in Georgia, Moldova and Ukraine under the EU4Business initiative
26/10/2017
The European Investment Bank (EIB) and the European Investment Fund (EIF) – jointly the EIB Group – signed today the first guarantee agreements with ProCredit Holding and its subsidiaries in order to support EUR 100 million of lending to small and medium-sized enterprises (SMEs) in Georgia, Moldova and Ukraine under EU4Business initiative. These agreements will enable the ProCredit banks in these...
Signing the agreement between the BRDO and Oschadbank
BRDO and Oschadbank sign memorandum of cooperation for implementation of SME business projects
Ukraine
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25/10/2017
Ukraine’s Better Regulation Delivery Office (BRDO) has teamed with Oschadbank to support the implementation of business projects for SMEs. On October 20, during the Get Business Festival, Oleksiy Goncharuk, the Chairman of the BRDO , which is supported by EU4Business FORBIZ project, and the Chairman of Oschadbank signed a memorandum of cooperation for the implementation of business projects in...
Business4Women: women’s entrepreneurial gene in focus at Mariupol forum
Ukraine
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25/10/2017
"Women are born with an entrepreneurial steak at the genetic level - a willingness to take responsibility for their children and their families. Our goal today is to inspire participants, to make them believe in themselves, in their strengths and opportunities, to find like-minded people." That was the message from Elvira Sevostiyanenko, the president of the Donetsk Chamber of Commerce and...
Participants discussed how to ensure maximum growth for the IT sector
IT industry in Ukraine could grow to $6 billion by 2020
Ukraine
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25/10/2017
The software development market is the only stable export industry in Ukraine, demonstrating an increase of 58% for 2013-16. Exports of software development services in 2016 amounted to US$3.2 billion, which brought the industry to third place in terms of currency revenues and provided 26% of total exports of services. The market creates about 100,000 high-paying jobs and has huge potential for...