The city government supports local businesses

We remind you that the Program for the Development of Small and Medium Enterprises in the City of Kropyvnytskyi for 2021-2023, approved by City Council Decision No. 97 dated February 2, 2021, is in effect on the territory of the community. This program provides for a number of measures aimed at creating favorable conditions for the development of SMEs in community, including the provision of financial and credit support, with the aim of creating a competitive environment and stimulating the activity of business entities. Thus, within the framework of the program, you can receive:
1) financial assistance for the implementation of investment business projects in priority areas of development (under the terms of co-financing with the Regional Fund for Entrepreneurship Support in the Kirovohrad Region);
2) partial compensation of interest on loans obtained from banking institutions for the implementation of investment projects for the subjects of SMEs of the community.
You can learn more about the procedure for obtaining the above-mentioned financial and credit assistance on the website of the Kropyvnytskyi City Council at the following link: For additional information, contact the Department of Economic Development of the Kropyvnytskyi City Council (41 Velyka Perspektivna St., room 402, phone: +38 0522 35 61 51, e-mail: and specialized specialists will be happy to provide advice, help in the design and preparation of relevant documents. If you have a business project or have invested credit funds to expand your own business, then we are waiting for you! We will be grateful for spreading the information among colleagues and friends!

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