At its meeting on April 26, the Cabinet of Ministers approved the procedure for using funds under the program to support significant investment projects. This was announced by Prime Minister Denys Shmyhal.

"The conditions are transparent and clear. Investors implementing a project worth EUR 12 million and lasting up to 5 years receive maximum assistance from the state.

This includes support in the form of assistance, tax and customs benefits, reimbursement of costs for the built engineering and transport infrastructure or connection to networks. UAH 3 billion has already been envisaged in the budget for these compensations and support," said Denys Shmyhal.

In addition, the Government has amended the charter of the Export Credit Agency of Ukraine, which will allow insuring new investments against the risks of war. This applies to both foreign investments and Ukrainian companies that will invest in the Ukrainian economy and develop exports.

"In 2023, foreign investment amounted to USD 4.3 billion, of which USD 3.2 billion was reinvestment. This volume already exceeds some pre-war years, but it is still not enough for a rapid economic recovery. That is why we are launching new support tools, improving the business climate, and continuing to develop the Made in Ukraine program," the Prime Minister said.

Among other things, the Government adopted a document that doubles the amount of microgrants for starting a business in Kharkiv and Kharkiv region.

"From now on, the amount of such grants will be up to half a million hryvnias for one citizen who decides to start a micro or small business," said Denys Shmyhal.