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40 Graduates of Right to Business: From Idea to Profit to Be Awarded Microgrants

May 31, 2024

Ukraine IDP and the war-affected population Economic Resilience & Early Recovery

The Right to Business: From Idea to Profit training programme has been completed in Kyivska, Sumska, Kharkivska, Chernihivska, and Zhytomyrska oblasts.

Participants gained knowledge and strengthened their entrepreneurial skills, starting with finding a business idea, establishing management and marketing, and up to the point of receiving their first income.

Nataliia Maletych, a course participant

I am sincerely grateful for the excellent opportunity to receive such training, especially the accounting knowledge. I have been working for many years but hesitated to start my own business. I have done it with ease and finally opened my massage parlour. It is such a leap forward. Now, I have a beloved business, and it's official.

Among the business ideas of our graduates:

  • the production of honey delicacies;
  • a sewing workshop;
  • a bicycle workshop for converting bicycles into electric vehicles for people with disabilities; 
  • a development centre with specialists for remedial classes;
  • a foreign language school, etc.

Olena Herus, Project Manager

We are delighted with the project's implementation. We had exciting and proactive study groups. All students came with their business ideas, which were worked out in detail during the course. All the projects developed by the participants aim at either creating a better product for consumers or providing better services. Among the programme participants are internally displaced persons who have unequivocally identified participation in our project as support in a new place.

In total, 86 participants completed the programme and attended 20 offline training sessions.

The programme covered the following topics: 

  • Creating a business model for the business.
  • Creating a financial model for the business.
  • Accounting and legal aspects of entrepreneurial activity.
  • Marketing, sales, and customer service.

Valeriia Sekisova, Programme Coordinator at Right to Protection

This time, we were able to involve employment centres and local entrepreneurs. They shared their experiences and gave feedback to the participants. And since our participants are often internally displaced persons, it is essential for them to receive attention from the state structure. Therefore, this is another of our achievements. 

The programme will award 40 microgrants of up to UAH 130,000 (about $3,000). The grants will be awarded by the end of May, and signing contracts and publishing will begin. We will tell you who will receive financial support later, so stay tuned!

The Right to Business: From Idea to Profit training programme is implemented by Right to Protection within the framework of the Strength: Shelter, Protection, and Livelihoods for People Who Returned Home project, implemented with the support of the Ukrainian Humanitarian Foundation (UHF).