The state provides financial support to young entrepreneurs under 25 years of age through the Vlasna Prava program, offering grants of up to 150,000 hryvnia to start a business without the obligation to create jobs.
Grants for young entrepreneurs
Opportunities for youth
Beginning businessmen under the age of 25 have a chance to receive funding in the amount of up to 150 thousand hryvnia for the implementation of their business ideas. This initiative is being implemented within the framework of the “Vlasna Prava” program, and applications are accepted through the “Diya” portal.
Grant conditions
Yulia Sviridenko, who holds the post of First Vice Prime Minister of Ukraine and Minister of Economy, emphasized that this grant does not require the creation of additional jobs. The only condition after approval of the application is the registration of an individual entrepreneur (FOP).
Application process
To participate in the program, you must submit an application in the special section “Grant for your own business” on the portal “ Diya." In the future, entrepreneurs will have the opportunity to receive additional government funding on other terms.
Development prospects
After three years, program participants will be able to submit a new application for a grant within the framework of “Vlasna Prava” on a general basis . In this case, the amount of financing can reach 250 thousand hryvnia, but the creation of at least two jobs will be required.
General conditions of the program
The “Vlasna Prava” program provides micro-grants from 50 to 250 thousand hryvnia to both existing and beginners entrepreneurs. Funds can be used to purchase equipment, purchase raw materials, rent premises and other business purposes. For grants exceeding 75 thousand hryvnia, a prerequisite is the creation of one or two jobs.
Glossary
- “Vlasna Prava” - state program to support entrepreneurship in Ukraine
- "Diya" - portal of public services of Ukraine
- FOP - individual entrepreneur
- Yulia Sviridenko - First Deputy Prime Minister of Ukraine, Minister of Economy
- Ministry of Economy - the government body of Ukraine responsible for economic policy
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Discussion of the topic – “Vlasna Prava”: Grant up to 150,000 UAH for young entrepreneurs through “Diya”
The “Vlasna Prava” program on the “Diya” portal provides young entrepreneurs under 25 years of age with the opportunity to receive a grant of up to UAH 150,000 to open their own business.
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Olivia
Wow, this is a great opportunity for young entrepreneurs! 🚀 150 thousand hryvnia can be a good start for many business ideas. I wonder if anyone has already used this program?
Klaus
Yes, Olivia, this is really cool! I heard that many have already applied. The main thing is to have a clear business plan and a unique idea. And the fact that you don’t need to create jobs right away is a big plus for beginners.
Sophie
I agree with Klaus! 👍 I'm thinking of opening a small coffee shop and this money could help a lot with rent and equipment. Does anyone know how difficult it is to fill out an application for Diya?
Antonio
Sophie, I recently applied for another grant through Diya, the process is quite simple. The main thing is to prepare all the documents in advance. And the coffee shop idea sounds great! Maybe we should think about some unique concept? 🤔☕
Viktor
Ha, another fashionable idea. Young people think that it is easy to open a business by receiving some money from the government. And then they will burn out and cry. It would be better to look for a job than to become an entrepreneur.
Olivia
Viktor, don't be such a pessimist! 😊 Many successful companies started small. It is important to give young people a chance to try themselves in business. Plus, it could create new jobs in the future.
Emilia
I think this is a great initiative! 👏 I would like to open an online store of eco-friendly products. I think 150 thousand is enough to create a website and purchase the first batch of goods. Antonio, what business would you like to start?
Antonio
Emilia, your idea sounds relevant! 🌿 I'm thinking about creating a mobile application for local farmers. This could help them sell products directly to consumers. Maybe we should combine our ideas? 🤝