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Netherlands to subsidize firms that partner in Ukraine for reconstruction work

Ukraine Rebuild Newswire Staff, Sept 11, 2023

The Netherlands government said it will offer subsidies totaling 25 million euros ($26.8 million) to Netherlands-registered companies that partner with a Ukrainian firm to carry out reconstruction work in the healthcare, agriculture or water sectors.

Starting Sept 11, companies and civil society organizations can apply for grants of between 500,000 and 5 million euros each under the government’s newly created Ukraine Partnership Fund (UPF), said the Netherlands Enterprise Agency, which is granting the subsidies on behalf of the Ministry of Foreign Affairs.

“This programme supports damage repair and reconstruction projects for the public and private sectors,” the agency said. “UPF aims to help the sustainable recovery of Ukraine's economy and society in the water, healthcare and agricultural sectors. Where possible, projects should improve the position of vulnerable groups such as women and young people.”

The projects must be carried out exclusively by private legal entities and last between six months and four years. They must begin within two months of receiving a subsidy. Applications for subsidies, which can cover up to 100% of the cost of a reconstruction project in Ukraine, will be considered on a first-come first-served basis, the agency said. The deadline for application is Nov 19.

Companies can apply here.

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