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EU Support to the East of Ukraine

Project Description
The commitment by the European Commission “Support to the East of Ukraine” under the European Neighbourhood Instrument aims at contributing to peace, economic revitalisation and reconciliation in Eastern Ukraine through social and economic recovery in the Government Controlled Areas (GCA) of Donetsk and Luhansk regions (hereafter referred to as Donbas irrespective of the geographically wider region of Donbas).
Specific Objective
The main objective under Component 2 of the action is to foster economic revitalization in eastern Ukraine and, specifically, to stimulate employment and economic growth.
Expected Results
Result 1. Establishment of an effective and widely accessible network of advisory, machinery and other service providers and improved market access for MSMEs in agriculture, business and manufacturing.

Result 2. Access to credit and financing for self-employment and MSME development in the region is improved and more flexible to complement a loan guarantee scheme implemented by KfW. The expected result is that access to credit and financing for self-employment and MSME development in the region is improved and becomes more flexible.

Result 3. Provision of technical and vocational training, including skill development for adults' re-deployment, is of increasing quality and adjusted to local labour market demands.
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PROJECT DETAILS
Ukraine
Priority Area:
Partnership that creates
Subsector:
Economy & trade
Topic:
Business
Project Status:
Ongoing
Start Date:
21.12.2018
End Date:
21.12.2022
Implementing Organisation:
KREDITANSTALT FUR WIEDERAUFBAU
Funding by the EU:
€9 500 000
EU Project Number:
404-370

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