Business Plan Competition for Starting & Running a Business

Financial Support for Starting and Running a Business in the Vinnytsia Region

Vinnytsia Regional Development Agency
Organizer
Vinnytsia Regional Development Agency
Published
2 months ago
Updated
1 month ago
To read
2 min
Views
44

Briefly

Status
Closed
Deadline
12 July 2026, 20:59
Max. funding
₴200,000
Co-financing
If the requested financial support ranges from 150,000 UAH to 200,000 UAH, co-financing of at least 50% is required.
Who can apply
Individuals, Business
Geography
Regional
Coverage Locations
Vinnytska region

Program description

The grant programme provides for a business plan competition to support the establishment and development of entrepreneurial activities. The competition is organised as part of the implementation of the Regional Programme for the Development of Small and Medium-Sized Enterprises for 2021–2027.

The competition is conducted in accordance with the Order of the Head of the Regional Military Administration No. 11-r of 25 February 2025, approving the Regulation on the organisation and implementation of the business plan competition for starting and conducting entrepreneurial activities, as amended.

Main Information

Program Type
Grant, Competition
Economic Sectors
Business Development & Entrepreneurship, Industry & Manufacturing, Social Protection & Employment
Submission Language
Ukrainian

Eligibility

The grant programme is open to legal entities and sole proprietors (individual entrepreneurs) that are registered and have been conducting business activities in the Vinnytsia region for no more than two years.

The competition is also open to Ukrainian citizens aged 18 or older who are registered in the Vinnytsia region and intend to start their own business.

Successful applicants receive non-repayable grant funding, financed from the regional budget.

Financing

The grant programme provides financial support of up to UAH 200,000, depending on the type of business plan submitted.

The available funding levels are:

  • up to UAH 100,000 for business plans in various sectors, regardless of location;
  • up to UAH 150,000 for business plans implemented in rural areas, as well as projects submitted by combat veterans, persons with war-related disabilities and their family members, internally displaced persons (IDPs), and social entrepreneurship initiatives;
  • up to UAH 200,000 for business plans in the manufacturing sector, provided that the applicant contributes at least 50% of the project cost through co-financing.

Supported Activities

The grant programme supports the implementation of business plans across various sectors of entrepreneurial activity. The level of financial support depends on the type of project and the applicant category.

The programme supports:

  • business plans in various sectors regardless of location;
  • business plans implemented in rural areas;
  • projects submitted by combat veterans, persons with war-related disabilities, and their family members;
  • business plans developed by internally displaced persons (IDPs);
  • social entrepreneurship initiatives;
  • business plans in the manufacturing sector.

Roadmap

The competition is implemented in three stages, covering application submission, business plan preparation, and the selection of winners.

  • Stage 1 (15 June – 12 July 2026) — information campaign and online application submission.
  • Stage 2 (13 July – 16 August 2026) — seminars and consultation sessions for applicants, followed by the preparation, drafting, and submission of business plans.
  • Stage 3 (17 August – 6 September 2026) — review and evaluation of business plans by the selection committee, followed by the identification of the competition winners.

How to Apply

Applicants are required to complete several steps and submit the required documents within the established deadlines.

  1. Complete the online application form by selecting the appropriate questionnaire:
  2. Submit the online application by 24:00 on 12 July 2026.
  3. Complete the business plan application form.
  4. Submit the business plan by 18:00 on 16 August 2026:
    • electronically to the designated email address: startup.vin2025@gmail.com;
    • in printed form to the specified postal address: Vinnytsia, 7 Khmelnytske Shosse, Office 125, or to Nova Poshta Branch 22, 2 Kalichanska St., recipient: Svitlana Leonidivna Kienko, tel. 0509377133; shipping costs are paid by the sender.

Applicants should note that different online application forms are provided for individuals and for entrepreneurs/business entities.

 

Required Documents

Applicants must prepare and submit a complete application package within the established deadlines.

The required documents include:

  • a completed online application form, using the appropriate version:
    • for individuals;
    • for existing sole proprietors (FOPs) and other legal entities;
  • a business plan (application form).

The business plan must be submitted:

  • electronically to the designated email address;
  • in printed form to the specified postal address or via a Nova Poshta branch.

Applicants should note that separate online application forms are provided for individuals and for entrepreneurs/business entities.

 

Reporting and Compliance

After receiving the grant, the competition winner is required to report to the Executive Administrator on the implementation of the approved business plan and compliance with the grant conditions.

The main post-award obligations include:

  • maintaining business operations for two years from the date the grant is received;
  • not reducing the number of employees;
  • using the grant funds within six months exclusively for the purposes specified in the approved business plan;
  • paying all taxes and mandatory fees related to the grant or income generated through the business activity.

The competition is administered by the Vinnytsia Regional Development Agency, which serves as the Executive Administrator.

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