Copyright © 2024 Euromaidanpress.com

The work of Euromaidan Press is supported by the International Renaissance Foundation

When referencing our materials, please include an active hyperlink to the Euromaidan Press material and a maximum 500-character extract of the story. To reprint anything longer, written permission must be acquired from [email protected].

Privacy and Cookie Policies.

Internally displaced Ukrainian business owners to receive assistance from IOM and Germany

Internally displaced Ukrainian business owners to receive assistance from IOM and Germany

2,000 internally displaced persons from eastern Ukraine will receive assistance for the creation or development of their business.

The International Organization for Migration, with the support of the German government, will be leading the two-year program for business support. 5 million euros has been allocated for its implementation. Assistance will be provided to existing businesses as well as new entrepreneurs. Training programs for financial management, accounting, and business planning have also been developed. The project also allows for non-monetary grants of up to 5 thousand euros. Since 2014, the International Organization for Migration, together with financial donors, has helped more than 5,000 internally displaced Ukrainians who’ve suffered as a result of hostilities in Donbas.

“We’ve been meeting different business owners and it was basically a very similar picture for the different ones, all of them have created quite successful businesses. Some of them have already employed other IDPS. So the impression that we got was that this is the right tool to create employment, give people opportunity to earn an income and they can have a great income for their families and households,” says Judith Boehnke, Project Manager of KFW German Development Bank.

Other activities relate to social cohesion, to the rehabilitation of infrastructure, or the provision of what we called non-food items of hygiene kits and other basic necessities including, cash for coal, for instance. So we support people materially, but also for training, and ultimately the overarching objective is to bring back step by step dignity to those people who lost everything,” adds Thomas Lothar Weiss, Head of the Representative Office of International Organization for Migration in Ukraine.

You could close this page. Or you could join our community and help us produce more materials like this.  We keep our reporting open and accessible to everyone because we believe in the power of free information. This is why our small, cost-effective team depends on the support of readers like you to bring deliver timely news, quality analysis, and on-the-ground reports about Russia's war against Ukraine and Ukraine's struggle to build a democratic society. A little bit goes a long way: for as little as the cost of one cup of coffee a month, you can help build bridges between Ukraine and the rest of the world, plus become a co-creator and vote for topics we should cover next. Become a patron or see other ways to support. Become a Patron!

To suggest a correction or clarification, write to us here

You can also highlight the text and press Ctrl + Enter

Please leave your suggestions or corrections here


    Will the West continue to support Ukraine?
    • Know what moves the world.
    • Premium journalism from across Europe.
    • Tailored to your needs, translated into English.
    Special discount
    for Euromaidan Press readers
    Euromaidan Press

    We are an independent media outlet that relies solely on advertising revenue to sustain itself. We do not endorse or promote any products or services for financial gain. Therefore, we kindly ask for your support by disabling your ad blocker. Your assistance helps us continue providing quality content. Thank you!

    Related Posts