The National Development Institution and Kyiv Regional State Administration Present Results of Joint Business Support Program

In Kyiv, the National Development Institution (NDI) and the Kyiv Regional State Administration (KRSA) presented the results of their joint interest rate compensation program for entrepreneurs, implemented under the government initiative “Affordable Loans 5-7-9%”.

Over the three years of the program’s implementation, UAH 51.8 million has been allocated from the Kyiv regional budget to compensate interest on business loans. This support enabled entrepreneurs in the region to attract over UAH 33 billion in loan financing for business development.

Today, the Kyiv region ranks among the top five regions in Ukraine in terms of both the volume and number of loans issued under the “5-7-9%” program. To date, entrepreneurs in the region have signed a total of 8,417 loan agreements.

Businesses are using these funds to restore production, modernize equipment, replenish working capital, and launch new investment projects.

Deputy Head of the Kyiv Regional State Administration, Nataliia Havatiuk, emphasized that access to finance is a key prerequisite for regional economic development and job creation:

“Small and medium-sized enterprises form the economic backbone of our communities. That is why we are developing instruments that help entrepreneurs access affordable financing and invest in growth. The interest rate compensation program enables businesses to obtain loans on significantly more favorable terms and channel them into modernization, new projects, and job creation—thereby strengthening the regional economy and contributing to the country’s economic resilience.”

Chairman of the Management Board of the National Development Institution, Andrii Hapon, noted that the program’s effectiveness is driven by strong cooperation between the state, regional authorities, and the banking sector:

“The cooperation model we are implementing together with the Kyiv Regional State Administration demonstrates how regional programs can reinforce national business support instruments. Through the interest rate compensation mechanism, entrepreneurs effectively gain access to financing at 0%, enabling them to invest in growth even under wartime conditions.”

A key role in the program’s implementation is played by a network of partner banks, which work directly with entrepreneurs, assess their projects, and provide financing.

The experience of the Kyiv region has already become a model for other regions of Ukraine. Currently, six regions have joined similar interest rate compensation programs, while discussions are ongoing with several others regarding the launch of comparable support instruments.

During the event, successful business cases were also presented, showcasing companies that managed to restore and expand their operations thanks to access to concessional financing.

Supporting entrepreneurship remains one of the key pillars of the country’s economic resilience, as investment in business contributes to the recovery of production, job creation, and the development of local communities.