"Revolver" means automatically renewable (from lat. revolve - rotate). Fund funds are provided to applicants-producers on the terms of an interest-free term loan for 11 months. Recipients of financial assistance can use the loan for almost a year to create, develop and scale business activities and return the same amount without accrued interest.
Winning projects are selected on an open competitive basis in the following areas:
• "Startup" - creating your own business - * only additional financing, * subject to registration of entrepreneurship during the first month of the project.
• "Scaling" - increasing the added value of products, the introduction of related activities or deepening the production cycle (processing, packaging, etc.).
IMPORTANT! The deadline for submitting applications for the competition has been extended until May 31 (inclusive). Applications can be sent earlier and get advice on improving your project proposal. Contact for questions - at the bottom of the page.
Organizational and legal aspects of assistance
The competition is implemented by the team of the charity fund "Tse Kraft" within the social component of the social enterprise "Tse Kraft." Financial support is an interest-free loan or purchase of an application according to the budget and transfer to the applicant for use (in case of successful implementation of the project - in further ownership to the applicant).
The winners are legally liable under the contract concluded between him and BO CF "Tse Kraft" on the implementation of the plan for the implementation of the activities specified in the application and finally agreed upon during the conclusion of the contract.
Terms of participation in the competition read on the contest page - https://itscraft.com.ua/en/revolverniy-fond-tse-kraft/
