Zelensky announces new program for young people

Ukrainians under the age of 25 will be able to receive grants for their own business for UAH 150,000 under a new program that will start in September.

This was announced by President Volodymyr Zelenskyy, Ukrinform reports.

In total, three updated state youth support programs are scheduled to be launched in the fall.

"Today we already have state programs that are working and will work even more actively in the interests of young people. In particular, the existing state program "eHouse" will provide for a down payment reduction of up to 10% for young Ukrainians under the age of 25. The corresponding program should be launched in the fall. This is a really good mortgage program. It provides for 3% per annum for the military, doctors, teachers, law enforcement officers, and 7% per annum for other categories," Zelensky said.

Secondly, according to him, a new program of grants for own businesses for Ukrainians under the age of 25 will be launched in September.

"This is the creation or development of your own small business, and we start with grants of UAH 150 thousand for the first project. All the details will be provided by our government," the President said.

The third, he said, is education, educational grants.

Author - Olena Madiak, 12/08/2024