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Thursday, 10 June 2021, 20:00
EU invests EUR 600M to support SMEs in eastern Ukraine
10.06.2021 17:56
Ukrinform
About 150 small and medium-sized enterprises (SMEs) from the frontline territories of Ukraine have taken advantage of the assistance of the European Union under the FinancEast programme, which is being implemented in partnership with the Entrepreneurship Development Fund as part of the EU’s EU4Business initiative.
Christian Ben Hell, Head of Agriculture Sector at the EU Delegation to Ukraine, said this during the presentation of the annual report of the Entrepreneurship Development Fund for 2020, an Ukrinform correspondent reports
He recalled that the programme was initiated in 2017. First, European partners financed it for EUR 15 million. Now this amount has grown to EUR 75 million.