On December 12, the second meeting of the expert commission on additional compensation of interest rates on loans within the Regional Program for the Development of Small and Medium-Sized Enterprises for 2021-2027 took place.
The event was chaired by Igor Tsekhanovsky, Director of the Department of International Cooperation and Regional Development of the Vinnytsia Regional State Administration. Yelyzaveta Savchuk, Director of the Vinnytsia Regional Development Agency, joined the commission.
The mechanism of additional compensation for interest rates on loans attracted within the framework of the state program “Affordable Loans 5-7-9%” remains one of the key instruments of financial support for micro, small, and medium-sized businesses in the region. It is aimed at stimulating investment activity, creating jobs, supporting enterprises that employ veterans, and implementing energy efficiency and energy independence projects.
Following the meeting, the expert commission decided to provide additional compensation for interest rates on loans received under the state program “Affordable Loans 5-7-9%” by 81 micro, small, and medium-sized enterprises in the region for 127 investment loans.
In conditions of martial law, it is particularly important to support businesses that not only develop the economy of communities but also create jobs, especially for veterans and combatants, and invest in improving energy security. Financial assistance from the regional budget has made it possible to support businesses that employ nearly a hundred veterans, as well as projects aimed at energy independence, with a total compensation amount of over UAH 5.5 million.
The Vinnytsia Regional Development Agency is actively involved in the process of developing and implementing regional instruments to support entrepreneurship, promoting sustainable economic development, investment attractiveness, and strengthening communities in the region.