The Swiss State Secretariat for Economic Affairs (SECO) has announced an increase in the total funding for the call for proposals for Swiss companies in Ukraine from CHF 50 million to CHF 100 million. This was reported by the Government Portal.
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Details
The competition is the beginning of the implementation of the Swiss initiative to support Ukraine for 2025-2028 with a total budget of CHF 1.5 billion. This is in turn the first stage of long-term 12-year support, the total volume of which will be CHF 5 billion.
“We received so many applications and saw such active interest from Swiss businesses that the partners decided to expand the program. An additional 50 million Swiss francs will be allocated to projects to restore Ukraine in cooperation with Swiss companies. I am sincerely grateful to the partners for this decision, which will contribute to economic recovery. The program is focused on the implementation of projects in the field of protecting civilians, restoring infrastructure and utilities, as well as modernizing public services,” said Ukrainian Economy Minister Yulia Svyrydenko.
Due to the expansion of the program, the application deadline has been extended to March 31, 2025.
The competition is addressed to Swiss companies that have a legal entity in Ukraine and can make a significant contribution to the recovery and creation of additional value for the Ukrainian economy.
Let us recall
In January 2025, during the World Economic Forum in Davos, a Memorandum was signed between Ukraine and Switzerland on the allocation of the first 50 million francs for Swiss companies to implement projects in Ukraine.
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