Below are the key benefits for MSMEs as well as for vendors/suppliers of EU compliant and green technologies. These benefits can be incorporated into marketing materials as unique selling points for various campaigns.
Access to finance: MSMEs can obtain long-term loans or leasing options through participating financial institutions (PFIs) to finance investments in EU-compliant technologies and green technology solutions.
Incentive Grants: Businesses can reduce their investment costs by 10-15%, depending on the project’s green economy impact, with incentives funded by the EU. (Note: all Pre-approved projects (LET and GET) are eligible for an investment incentive of up to 10%. Non-green EU compliant SPS and Complex projects command an incentive of up to 10%. SPS and Complex investments in green technologies command an incentive of up to 15%).
Technical assistance: Free technical advisory support is provided by EU to help MSMEs structure and implement their investment projects effectively.
Improved competitiveness: Investments in advanced technologies and sustainable practices enable MSMEs to enhance their product and service quality, allowing them to compete in both domestic and international markets, especially within the EU.
Access to export markets: MSMEs can leverage their low cost base and the improved quality of products and services to expand their export potential, particularly within the EU and neighboring regions.
Support for war-affected businesses: Additional incentives and support are available for businesses impacted by the war, such as those that have experienced asset loss or destruction, or those reintegrating veterans and war-affected persons.
Additional incentives for war-affected businesses: Additional incentives and support are available for businesses impacted by the war, such as those that have experienced asset loss or destruction, or those reintegrating veterans and war-affected persons bringing the combined incentive levels up to 30%.
Green technology investments: The program encourages investments in green technologies, including energy-efficient equipment, renewable energy solutions, and sustainable production methods.
Reduced carbon footprint: By financing energy-efficient projects, the program helps reduce CO2 emissions, contributing to Ukraine’s energy security and environmental sustainability.
Compliance with EU Green Directives: MSMEs investing in green technologies and processes are supported in aligning with EU environmental standards, which also enhances their marketability in the EU.
Incentives for green projects: SPS and Complex projects that focus on renewable energy, energy efficiency, or other green objectives receive higher incentives, making it financially viable for MSMEs to adopt environmentally responsible practices.
Increased demand: Vendors supplying EU-compliant and green technologies benefit from increased demand as MSMEs receive financing and incentives to invest in such equipment.
New market opportunities: With the programme’s focus on modernization and sustainability, vendors offering innovative, energy-efficient, or green solutions are well-positioned to capture new business opportunities in Ukraine.
Partnership opportunities: Vendors can establish long-term partnerships with PFIs, offering continued support to MSMEs undergoing equipment upgrades for eligible technologies.