This news follows Economy Minister Yuliia Svyrydenko discussing this opportunity with Arthur Poghosyan, Deputy Head of the European Bank for Reconstruction and Development (EBRD) office in Ukraine.
"Ukraine already has grant and loan programs for women in business," the ministry’s press service wrote.
"But we are open to new solutions that will make financing more accessible. The Women Entrepreneurs Finance Code already operates in 30+ countries. For us, this is a great opportunity to exchange experience with these countries. It’s encouraging to hear that Ukrainian banks are ready to participate. We are starting with market needs diagnostics, and afterward we can formalize our cooperation with a memorandum."
As explained by Economy Ministry, the program itself involves forming a coalition of organizations that support women's businesses, launching new lending tools, and regularly monitoring and reporting on financing volumes for small and medium-sized enterprises (SMEs).
Poghosyan said the Women Entrepreneurs Finance Code involves a voluntary commitment by representatives of the financial sector, government institutions, and other key stakeholders to improve access to finance for women entrepreneurs.
Svyrydenko noted that the Ukrainian government has already been working successfully with the EBRD on many projects and programs, including those supporting veteran-run businesses. She proposed formalizing joint efforts on the Women Entrepreneurs Finance Code in a memorandum. The document is expected to establish a coalition of partners to help implement the initiative.
In June, 22 enterprises were selected to receive funding totaling 108.9 million UAH (approximately $2.7 million USD) under the Grants for Processing Enterprises program.
On June 27, 2025, it was announced that the Ministry of Economy approved another 25 applications under the same program, totaling 127.4 million UAH (around $3.2 million USD).
On June 30, 2025, it was reported that the Ukrainian government is preparing a new grant program for enterprises that suffered damage due to war.