Competition among businesses in the Mykolaiv region for financial support

The grant program announces a competition for small and medium-sized enterprises in Mykolaiv region to receive financial support. The initiative is aimed at fostering entrepreneurial and investment activities in the region.

The program is implemented within the framework of the Small and Medium Enterprise Development Program in Mykolaiv Region for 2026–2028. The procedure for the use of funds to provide financial support was approved by the order of the Head of the Regional Military Administration dated December 17, 2025, No. 561-r.

The program provides for:

• support for the development of small and medium-sized businesses;
• stimulation of regional investment activity;
• implementation of regional entrepreneurship development measures;
• provision of financial support to business entities in Mykolaiv region.

Within the grant program, eligibility is open to small and medium-sized enterprises in Mykolaiv region that meet the established employment and salary requirements.

Enterprises with at least 3 employees and an average salary over the previous 6 months of no less than two minimum wages may apply for several forms of financial support.

Enterprises with 1–2 employees and an average salary over the previous 3 months of at least 1.5 minimum wages are also eligible to participate in the program.

Within the grant program, small and medium-sized enterprises in Mykolaiv region may receive financial support based on a competitive selection process. The amount and conditions of support depend on the number of employees and the average salary level.

For enterprises with at least 3 employees and an average salary of no less than two minimum wages, the program provides:

• partial compensation of loan interest rates — up to UAH 200,000 per budget year;
• compensation for the purchase of fixed assets — up to 30% of the asset value and no more than UAH 200,000;
• compensation for loans used to restore assets damaged due to the war;
• compensation for relocation expenses for businesses returning to Mykolaiv region;
• partial co-financing for purchasing fixed assets aimed at expanding production.

For enterprises with 1–2 employees and an average salary of at least 1.5 minimum wages, similar support mechanisms are available, with funding of up to UAH 100,000 per budget year.

The program also supports:

• expansion of production and service delivery;
• recovery of businesses affected by military aggression;
• assistance for relocated enterprises operating in Mykolaiv region.

Within the grant program for small and medium-sized enterprises, several forms of financial support are available to promote business development, recovery, and expansion.

Supported activities and project types include:

• partial compensation of interest rates on loans obtained in the current or previous years;
• compensation for the purchase of fixed assets aimed at expanding production, service delivery, or works;
• support for projects focused on restoring assets damaged due to the military aggression of the Russian Federation;
• compensation of expenses related to the relocation of production facilities for enterprises returning to Mykolaiv region;
• partial co-financing for purchasing fixed assets to increase production capacity.

The program supports:

• business and production development;
• recovery of enterprises affected by destruction;
• relocation and return of businesses to Mykolaiv region;
• modernization and expansion of production infrastructure.

The program specifically notes that support for fixed assets applies excluding vehicles intended for personal use.

To participate in the grant program, applicants must complete the application form available through the program’s link: https://invest.mk.gov.ua/uk/24-rozvytok-maloho-ta-serednoho-biznesu/86-kredytna-ta-hrantova-pidtrymka-biznesu

Documents must be submitted electronically to the Regional Entrepreneurship Support Fund in Mykolaiv Region.

Main application steps include:

• accessing the application form through the provided link;
• completing the required information for the competitive selection process;
• preparing the required document package;
• submitting the documents via email to konkurs.mklv@gmail.com.

The program предусматриes an electronic submission process for participation in the grant competition.

To participate in the competitive selection process, applicants must prepare a complete package of required documents defined by the program conditions.

Mandatory documents include:

• an application form for participation in the competition;
• a short presentation of the business entity;
• a certificate confirming the absence of tax or payment arrears;
• an extract from the Unified State Register;
• a copy of the charter documents for legal entities;
• copies of registration and identification documents;
• guarantee letters in free form depending on the type of financial support requested.

For specific support categories, applicants must also provide:

• a bank-certified copy of the loan agreement;
• information on paid loan interest and confirmation of no outstanding debt;
• documents confirming the purchase of fixed assets;
• documents related to relocation of production facilities;
• invoices for equipment or fixed assets;
• documents confirming the financial performance of the business.

Applicants are required to submit certified copies of documents and supporting materials confirming compliance with the program requirements and the selected type of financial assistance.

Within the grant program, financial assistance is provided in accordance with the Procedure for the Use of Funds for Financial Support of Business Entities in Mykolaiv Region.

The program establishes the following legal conditions:

• each business entity may receive only one type of financial support once during a budget year;
• applicants must comply with the eligibility criteria defined in Section III of the Procedure;
• financial assistance is provided according to the approved procedures and program requirements.

The materials also state that applicants may review the official Procedure for the use of funds for financial support of business entities in Mykolaiv Region through the link provided by the program organizers.