Switzerland doubles funding for Ukraine's recovery programme up to CHF 100 million

The Swiss State Secretariat for Economic Affairs (SECO) has announced an increase in total funding of the call for proposals for Swiss companies in Ukraine from CHF 50 million to CHF 100 million.

The call for proposals is the start of the Swiss initiative to support Ukraine for 2025-2028 with a total budget of CHF 1.5 billion. This, in turn, is the first stage of a long-term 12-year support programme totalling CHF 5 billion.

"We received so many applications and saw such an active interest from Swiss businesses that the partners decided to expand the programme. An additional CHF 50 million will be allocated for reconstruction projects in Ukraine in cooperation with Swiss companies. I am sincerely grateful to the partners for this decision, which will contribute to the economic recovery. The programme is focused on the implementation of projects in the areas of civilian protection, rebuilding infrastructure and utilities, as well as modernising public services," said Yuliia Svyrydenko, First Deputy Prime Minister of Ukraine and Minister of Economy of Ukraine.

Due to the extension of the programme, the application deadline has been prolonged until 31 March 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 added value for the Ukrainian economy.

The updated terms of the competition do not require resubmission of applications. However, those who have already submitted documents have the opportunity to make changes to their proposals. For more details, please follow the link.

Background

Swiss-Ukrainian cooperation enjoys a long history, which has intensified significantly since the beginning of russia's full-scale invasion of Ukraine. The Swiss Government declared its readiness to provide long-term support to Ukraine in April 2024, announcing the allocation of CHF 5 billion over the next 12 years. In January 2025, during the World Economic Forum in Davos, a memorandum was signed between Ukraine and Switzerland to allocate the first CHF 50 million for Swiss companies to implement projects in Ukraine.

IC UAC according to the MEU