KEY TAKEAWAYS

• Small and medium-sized businesses affected by Russia’s war can apply for grants of up to $20,000.
• Priority will be given to companies that were damaged, destroyed, or forced to relocate because of hostilities.
• Funding may be used to restore operations, purchase equipment, expand production, or preserve jobs.
• The initiative aims to accelerate economic recovery in war-affected regions.

Entrepreneurs whose businesses have been damaged by Russia’s full-scale invasion may be eligible for grants of up to $20,000 under an international recovery program designed to help companies rebuild, relocate, and create jobs. The initiative targets small and medium-sized enterprises with the potential to resume operations and contribute to local economic recovery.

Who Can Apply?

According to the program organizers, priority will be given to businesses that suffered direct war-related losses, including destroyed facilities, damaged equipment, or forced relocation.

The program is aimed primarily at enterprises operating in or relocated from regions heavily affected by the fighting, with applicants expected to demonstrate a viable business recovery plan.

What Can the Grant Cover?

Successful applicants may use the funding to:

• restore or relocate business operations;
• purchase equipment, machinery, or raw materials;
• expand production capacity;
• cover critical operating expenses needed to resume business activity.

Focus on Jobs and Recovery

Organizers say the grants are intended not only to help individual companies survive but also to stimulate regional economic recovery by preserving existing jobs and creating new employment opportunities.

Businesses capable of demonstrating long-term sustainability and positive local economic impact are expected to receive priority during the selection process.

International Support for Ukrainian SMEs

International donors have significantly expanded financial assistance for Ukrainian entrepreneurs since the start of the full-scale invasion.

Grant programs have become an important source of financing for businesses that face limited access to commercial credit while operating in wartime conditions, particularly in sectors critical to reconstruction and local employment.