News/Press

On 14 December 2018, the German-Ukrainian Fund (GUF) and Lviv Bank signed a partnership agreement on a joint funding support programme for small and medium enterprises (SME), as well as loan agreements for Ukrainian SMEs in the amount of € 3 million, part of which will be provided in the national currency under the EU4Business initiative. "The German-Ukrainian Fund is pleased to expand the number...
WE ARE THERE TO HEAR THE SMALL BUSINESS AND TO HELP It is well known that small and medium-sized enterprises provide more than half of the GDP in developed countries. That is why the European Business Association wants to gauge the mood of SMEs regarding the business climate in Ukraine. The EBA is initiating a unique survey in order to determine the Small Business Sentiment Index and its...
Today in Vienna, the Austrian Presidency of the Council of the European Union together with the European Commission will host the 5 th Eastern Partnership Business Forum followed by the Eastern Partnership’s Annual Conference on 7 December. The two events will bring together high level representatives from the EU and the six Eastern Partners - Armenia , Azerbaijan , Belarus , Georgia , the...
Map of Opportunities for SMEs
The European Union’s EU4Business has developed a Map of Opportunities for SMEs – a systematic and comprehensive collection of all possible tools offered to Ukrainian small and medium-sized enterprises by EU programmes, EU4Business, COSME and Horizon 2020. Here you can find out how to get to international markets, where to find funding and how to develop business skills and improve the business...
ProCredit Bank Ukraine Headquarters
The European Fund for Southeast Europe (EFSE) has provided ProCredit Bank Ukraine (PCB) with a senior loan in Ukrainian hryvnia equivalent to €20 million. The new facility continues the successful cooperation between EFSE and ProCredit Bank, and aims to secure much-needed local currency funding to support business and economic development in Ukraine – a key EU4Business priority. An EFSE partner...
Trade mission to France
The European Bank for Reconstruction and Development (EBRD) is organising a trade mission to France in February for eight Ukrainian light industry companies, funded by the European Union as part of its EU4Business initiative. Companies have until 21 November to apply . The trade mission will take place from 12-13 February 2019, and is aimed at exploring the French market and the specifics of...
The Start Business Challenge information event in Kyiv
More than 150 entrepreneurs, business associations and media attended a recent event in Kyiv to present the key features and benefits of the ‘Start Business Challenge’ tool, developed on behalf of the Ministry of Economic Development and Trade of Ukraine b y the Better Regulation Delivery Office (BRDO), within the framework of the EU4Business FORBIZ project. The significance of small businesses...
frozen berries
A group of Ukrainian SMEs from the berry sector took part in the Salon International de l’Agroalimentaire (SIAL), an international food exhibition in Paris, from 21-25 October 2018. The visit was organised as part of the EU-funded project, ‘Eastern Partnership: Ready to Trade – an EU4Business initiative’, implemented by the International Trade Centre (ITC). The selected beneficiaries also had the...
Ukraine has launched the Small and Medium-Sized Enterprise Development Office, set up with the support of the European Union under its EU4Business initiative. Operating as an advisory body within the Ministry of Economic Development and Trade of Ukraine (MEDT), the SME Development Office (SMEDO) is to become the main institution in charge of entrepreneurship promotion, acting as key engine for...
Regional Doing Business 2018
Vinnytsya and Frankivsk regions are the most comfortable regions for doing business in Ukraine. These are the results of the “ Regional Doing Business 2018 ” rating, prepared for the second year by the Better Regulation Delivery Office (BRDO) and the Union of Ukrainian Entrepreneurs (SUP). The leaders got the following number of points: Vinnytsya region – 334 points, followed closely by the...