The Netherlands compensates foreign businesses with €25 million

The Netherlands Agency for Entrepreneurship has announced a program of state subsidies for Dutch and international companies that are ready to invest in projects to restore Ukraine. Companies are offered compensation from EUR 500,000 to EUR 5 million. The total amount of subsidies is 25 million euros. The Dutch government reimburses 100% of the companies' costs in their recovery projects.

Projects are limited to 3 directions - water supply, health care and agriculture. The program of the Partnership Fund with Ukraine (UPF) was developed by the Ministry of Foreign Affairs of the Netherlands.

A mandatory condition for receiving a subsidy is the implementation of a restoration project together with at least one Ukrainian company.

Reference source: https://bit.ly/461tLpu

 

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