The third Financial Fair for SMEs will take place in the Ukrainian capital Kyiv on 16 April, organised by the German-Ukrainian Fund with the financial support of the German government through the KfW Development Bank.
The financial fair for SMEs is a unique platform, which provides small and medium-sized enterprises with an opportunity to receive up-to-date information on banking, leasing and insurance products for SMEs and other available sources of funding. This is a great opportunity for entrepreneurs to get business advice, as well as to establish new contacts and partnerships.
The Financial Fair is one of the main events in the Ukrainian business environment, which will highlight the annual results of cooperation between the Fund and its partners based on specific case studies. The event will bring together representatives of SMEs, financial institutions, organisations contributing to entrepreneurship development, and state authorities for further progress.
GUF has been successfully contributing to the development of micro-, small and medium-sized enterprises in Ukraine for almost 20 years. Small and medium enterprises (SME) are the foundation for the successful growth of the country in the long run, and the strengthening of the sector is a strategic priority of the GUF.
The German-Ukrainian Fund also supports access to finance through the EU4Business SME Finance Facility, implemented by the GUF, with funding from the EU and Germany through the German Development Bank KfW. The emphasis in Phase II of the SME Finance Facility is to stimulate local currency lending, especially for micro, small and medium-sized enterprises (MSMEs) in Ukraine that are not earning foreign currency and cannot afford the high costs of borrowing.