The Ministry of Economy with the help of Oschad launches a training grant program for young entrepreneurs

Young people who have received a grant from the state to develop their own business have the opportunity to participate in a program for financing professional training.

CORE Response, an international humanitarian organization in Ukraine, will finance training programs, courses, or workshops aimed at improving the professional skills of young entrepreneurs. The Memorandum of Cooperation under which the program is being implemented was signed during the Ukraine Recovery Conference 2025 with the participation of the Ministry of Economy of Ukraine, CORE, and Oschadbank.

Entrepreneurs will choose certified training programs, courses, or workshops aimed at improving their professional skills. To become a candidate for the program, young entrepreneurs must complete a survey and submit an application. Mandatory criteria for participation in the program:

• received grant from the Ministry of Economy of Ukraine for business development as part of the “Own Business” program;
• age 18-35 years. As part of the program, participants will be able to receive payment for future training or reimbursement for training they have already completed. In this way, CORE aims to support young Ukrainian entrepreneurs, primarily IDPs and victims of the armed aggression against Ukraine. Detailed terms and conditions of participation in the program will be announced on the partners' websites and social media.

"Young entrepreneurs are the future of the country's economy. They are full of enthusiasm, creativity, and a desire to start their own business. Working under the uncertainties of war, power and supply disruptions, Ukrainian youth not only continue to do business but also look for opportunities for development. Lack of professional skills and knowledge is an obstacle to this development. That is why CORE has initiated a program to support young entrepreneurs by paying for their professional training. We are confident that this is not just an aid, but an investment in the development of the Ukrainian economy," emphasizes Liana Khorovytska, CORE Ukraine's Executive Director.

"We are grateful to our partners from the Ministry of Economy of Ukraine and CORE for involving Oschad in this important social initiative. The training component of business support is important to us, and we always pay great attention to it. This is especially critical for young entrepreneurs who have already reached a certain level of development of their companies and received a grant but still need advice from more experienced colleagues and mentors. Among other things, such initiatives are important to motivate young people to stay in Ukraine and take responsibility for its future," said Natalia Butkova-Vitvitska, Oschadbank Board Member in charge of MSMEs.

"Today, a new generation of entrepreneurs is emerging in Ukraine - proactive, creative, and ambitious. And at the same time, they are determined, persistent, and brave. They are ready to invest their energy, talent, and capital in their own businesses. In a country at war, in the face of constant challenges that require immediate response and extraordinary resilience. These young people consciously choose to live, work, create, and win in Ukraine. We, as a state, provide them with maximum support through grant programs for starting and scaling a business, as well as through educational and mentoring projects that help young entrepreneurs unleash their potential and confidently pursue their goals. Thanks to our partners, today we are opening up another opportunity for them by providing tools for further professional growth and reaching a new level. I am convinced that this will be another powerful step not only towards their personal success, but also towards the development of the country's economy," said Tetiana Berezhna, Deputy Minister of Economy of Ukraine.

The program is funded by the international humanitarian organization CORE Response in Ukraine and supported by the Ministry of Economy of Ukraine and Oschadbank.