Support Programs
Energy efficiency program Smart Energy
The purpose of the Program is to support sustainable energy development in the region through energy efficiency and conservation, increased use of renewable and alternative energy sources, reduced consumption of conventional fuels, modernization of heat and power generation, cogeneration technologies, investment and grant funding, and energy resilience and uninterrupted operation of the region’s critical facilities.
The main task of the Program is to provide repayable financing (preferential lending) to business entities regardless of ownership, with the possibility of co-financing as provided by the Budget Code of Ukraine and local budget decisions.
Priority borrower categories
- State-owned and municipally owned business entities.
- Business entities whose assets have been damaged, destroyed, or lost as a result of the Russian Federation’s military aggression.
- Business entities that have relocated their operations.
Participation criteria
A business entity must meet one or more of these criteria.
- Expanding production or increasing the number of jobs.
- Co-financing from the relevant territorial community budgets covering 50% or more of the required funding.
- Modernizing energy supply to create an autonomous power supply system or reduce energy consumption.
- Registration and business operations in rural areas.
Documents required for the application
- An application addressed to the Head of the Fund requesting a loan.
- A letter from local self-government bodies, the regional state administration, or the regional council confirming the need for a loan.
- Copies of the legal entity’s title and registration documents.
- An extract from the Unified State Register of Legal Entities, Individual Entrepreneurs, and Public Organizations.
- A certificate confirming no outstanding taxes or fees.
- A copy of the protocol or order appointing the head, an identity document, identification number, a document confirming the person’s place of residence or stay, etc.
- Copies of documents confirming the business entity’s financial position (a balance sheet or small business financial report).
- The owner’s decision authorizing the loan.
- A copy of the purchase and sale agreement with the supplier or seller, if available.
- A certificate confirming no open enforcement proceedings against the borrower.
- A bank certificate confirming an opened bank account.