Anticrisis Economics with EBA Odesa: “Where can business look for money?”

Any business needs funding. Especially in difficult times of turbulence, because the economic crisis inevitably leads to financial difficulties. And at a time when some companies do not withstand the pressure and go bankrupt, others enter the markets liberated from competitors and create new goods and services that people need. Therefore, on the Anticrisis Economics with EBA Odesa, we decided to invite experts on these issues to explore opportunities for developing your business in such difficult time of economic activity as it’s now.  

Together with speakers Yulia Adamovich, an independent expert on grants, Adamovich Marketing & Fundraising Agency founder, Stanislav Lyashenko, EBA Odesa Financial and Tax Committee Chairman, Head of the Central Department of MTB Bank in Odesa and Yulia Itygina, Project Coordinator of the EBRD SME Financing and Development Group, we discussed the real ways to get support and achieve your business goals: bank lending, non-returnable financial assistance (grants), counselling from financial institutions and various platforms to support business. Participants had the opportunity to find out for themselves which sources of financing are the most accessible and transparent, classical bank lending’s advantages compared to other instruments for raising finance. Also, they found out about consulting procedures for small and medium-sized businesses from the EBRD, which financial indicators will observe at first by investors/donors, which areas of business are the most promising in terms of grant receiving today and which steps need to be taken to attract fundraising.