REMARKET - Business Development Grants

REMARKET — Business Development Grants

The project is implemented by Caritas-Spes Ukraine with financial support from the Swiss Agency for Development and Cooperation, If! Foundation, Caritas Switzerland and with technical support from SPARK, Caritas Austria, Cordaid, and Trócaire.

Business Development Grants provide an opportunity for active micro and small enterprises that are already operating in the market and are ready to take the next step—enhancing their productivity.

Our objectives:

• To support active businesses with growth potential;
• To strengthen the market position of enterprises;
• To enable the transition from basic stability to gradual growth.

Who can apply:

• Owners of micro and small businesses, including home-based enterprises;
• Entrepreneurs who have maintained or restored their operations during the war;
• Businesses at an early stage of development with limited access to capital but with realistic growth potential.

Including internally displaced persons (IDPs), returnees, and members of host communities.

Opportunities for participants:

• Grants to support micro and small enterprises;
• Training;
• Knowledge sharing;
• Individual business development consultations.

Grant amount: up to UAH 237,000.

Eligibility criteria:

• Official registration for at least 6 months;
• Alignment with one of the supported sectors;
• A viable and realistic business plan;
• Willingness to cooperate and participate in training.

Eligible expenses:

• Production equipment | up to 100%;
• Related equipment/software | up to 30%;
• Modernization and delivery | up to 30%;
• Marketing and raw materials | up to 30%;
• Equipment for alternative energy supply as a complement to core production equipment.

Participation process:

Step 1: Review the competition guidelines

Step 2: Registration
Complete the online application (KOBO form). Be sure to upload a document (Extract/Certificate from the Unified State Register) confirming that the business has been officially registered for at least 6 months in one of the selected sectors.

Step 3: Pre-selection
Receive an email with the results of your application review, along with a link to materials for preparing your business plan.

Step 4: Preparation for business plan development
Review the materials provided for business plan preparation, as well as the document templates to be completed. If you have any further questions, you may request an online consultation.

Step 5: Submission of the business plan
Complete the business plan template and cash flow table and submit them to the local team within the deadline specified in the email.

Step 6: Participation in a two-day intensive in-person training on business process improvement
Register for the training in your city and complete the course to improve your business processes and prepare for pitching.

Step 7: Business plan presentation and defense
Receive the results of the pre-selection. If successful, present and defend your business plan during an individual interview (pitch).

Step 8: Integrity due diligence
If the final decision is positive, provide all required documents for integrity due diligence and grant access to your enterprise for verification of production capacity.

Step 9: Agreement signing
If the due diligence process is successfully completed, no violations are identified, and no duplication of previously received assistance is detected, proceed to sign the agreement.

Step 10: Disbursement of funds
Receive the funds in your account for use in accordance with the approved budget and business concept.

Step 11: Procurement of equipment and services
Begin procuring equipment and services in accordance with the approved budget. The timeline for procurement and commissioning will be specified in the agreement. If any changes are required after the agreement is signed, please notify the team in writing.

Step 12: Reporting on the use of funds
Within the established deadlines, submit supporting documents on the use of funds (invoices, contracts, acceptance certificates, payment instructions). Ensure access to the enterprise and the purchased equipment for the project team during monitoring visits.

Step 13: Individual consultations
If needed, apply for individual consultations/coaching on business development and the improvement of business processes.

If you have any additional questions, please contact us.