Doing business
On 7 October, Kyiv School of Economics Institute (KSE Institute) held the webinar “Investment Opportunities and Financing for Business: From Finding Resources to Financial Modelling”, with the support of the Dnipropetrovsk Investment Agency (DIA). The event brought together representatives of companies from Dnipropetrovsk region who are considering implementing investment projects.
A range of financial instruments is available to finance business investment projects. Market loans at rates of around 13–19% can be complemented by lending under the “5-7-9%” programme, risk-sharing mechanisms that reduce collateral requirements, and grants covering up to 20% of the loan amount.
The practical guide “Financial Instruments for Business in Ukraine” (2nd edition) by KSE Institute can help businesses explore the relevant sources of financing. It analyses more than 60 financial institutions, including banks, international and national development finance institutions (IFIs and DFIs), export credit agencies and direct financing funds. For each of them, the guide sets out the financing terms and contact details.
War risk insurance is particularly relevant for companies in Dnipropetrovsk region. The state programme, which operates under Cabinet of Ministers of Ukraine Resolution No. 1541 of 28 November 2025, as amended, has two components. The first provides compensation for the value of damaged or destroyed property of companies in designated regions, including Dnipropetrovsk region. The second provides partial compensation of insurance premiums under contracts insuring property against war risks throughout Ukraine, except for designated temporarily occupied territories.
To participate, a business entity submits an application to the ECA (Export Credit Agency) and pays a fee of 0.5% of the total probable loss for the declared property. The total fees paid over the duration of the programme may not exceed UAH 150,000. The maximum total compensation per business entity is UAH 30 million.
According to the ECA, as of 2 October 2026 Dnipropetrovsk region ranks first in Ukraine by number of applications to the programme. The region accounts for 152 applications, or 18% of the national total. The declared value of the property amounts to UAH 23.1 billion, or 25% of the total of UAH 92.3 billion. An important condition of the programme is that the contract must be concluded before the insured event occurs.
Participants also examined in practice how financial modelling helps assess the economic efficiency of an investment project, choose the optimal ratio of equity to borrowed capital and determine an acceptable level of debt burden. Sensitivity analysis plays an important role here, testing how changes in key indicators such as product prices, sales volumes and costs affect the project. So does stress testing, which shows whether the project would remain viable under adverse conditions.
Businesses in Dnipropetrovsk region can take advantage of the Ukraine Investment Portal, which allows them to present projects to potential investors and find partners. Companies are invited to place their project on the portal by completing the relevant form. The KSE Institute team then reviews the project against established criteria. Projects submitted by businesses in the region and supported by DIA have already been reviewed together with KSE Institute experts and published on the Ukraine Investment Portal.
The Dnipropetrovsk Investment Agency continues to support businesses in preparing and promoting investment projects, finding sources of financing, and attracting potential partners and investors. DIA welcomes new project proposals and business ideas that will contribute to the region’s sustainable development.
The event was held with the support of the UK Government as part of KSE Institute’s work to support investment and private sector development in Ukraine.