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Oschadbank calls on women entrepreneurs to join the second stage of the CREATE! grant program

Oschad News

Applications are now being accepted for the second stage of the CREATE! program, which aims to support the development of women's entrepreneurship in the field of manufacturing and processing. The program was launched in 2024 by the Ministry of Economy of Ukraine and the Ukraine-Moldova American Enterprise Fund (UMAEF). It is implemented by the KSE Foundation in partnership with the Aurora multi-market chain. Oschadbank is the exclusive banking partner.

The initiative's budget exceeds US$1 million, and the maximum grant amount is US$15,000. Grant funds can be used to purchase equipment, deliver and install it, and purchase software (up to 30% of the grant amount).

Women who are registered as sole proprietors or are co-owners of LLCs or private enterprises with a share of more than 50% are invited to participate in the second stage of the program. The business must be registered and operate in Ukraine in the manufacturing industry or cultural industries with a production component.

Applications will be accepted until October 31, 2025. You can submit your application and get detailed information on the program's official website.

As part of the program, Oschadbank checks the business reputation of potential grant recipients and is ready to further support their development through state, regional, and international programs.

"Oschadbank understands how important it is to support women's businesses, especially during wartime. Ukrainian women entrepreneurs are not only developing their own businesses but also strengthening the country's economy and creating new jobs. We are honored to join this initiative and help women realize their business ideas. We are convinced that investing in women's entrepreneurship today is an investment in the country's recovery tomorrow," said Nataliia Butkova-Vitvitska, member of the Oschadbank Management Board responsible for MSMEs.

The first stage of the CREATE! program showed a high level of interest and effectiveness: 1,197 applications were received, 65 participants became winners, and they purchased 203 pieces of equipment thanks to grant funds.

 

Oschad News

Oschadbank Press Center