Odesa Regional State Administration announces competition for obtaining loans for entrepreneurs

18 November 2019, 14:52
Odesa Regional State Administration announces competition for obtaining loans for entrepreneurs

The project of competition provides partial compensation of interest on credits of preferential crediting of the entrepreneurs of the Odesa region from the regional budget within the framework of the Program of development of competitiveness of the small and average business in the Odesa region for 2017-2020

Entities for small and medium-sized enterprises are entitled to compensation:

- are registered as subjects of business activity and carry out it in the territory of Odesa region not less than 1 year;

- have no overdue payroll arrears, as well as budget and government trust funds arrears;

- are not in the stage of bankruptcy, liquidation;

- carry out activities in the following types of economic activities:

›Manufacturing,

›Implementation of projects involving the introduction of energy-saving technologies,

›Activities in the field of transport,

›Tourism activities.

Under the terms of the program, the compensation on loans in UAH is 10.0% per annum, in foreign currencies - 5.0% per annum. The maximum loan amount is UAH 5.0 million, the maximum term is 3 years.

Entrepreneurs wishing to participate in the competition can read the Terms and Conditions, as well as the list of necessary documents on the website of the Odesa Regional State Administration at www.ooda.biz.ua .

Applications will be accepted from November 18, 2019 to December 17, 2019.

We remind that since the beginning of the Program implementation, 25 investment projects with a total portfolio of additional capital investments worth 65 million UAH have been awarded the right to compensation.

Responsible for the competition:

Department of Economic Policy and Strategic

planning of the regional state administration

(Odesa, Shevchenko Ave., 4, room 554,

Contact phone: 7189-242, +38 (098) 472-36-38.