To qualify for financing from the Ukraine Facility, the involved parties and the project must adhere to the following criteria:
- The project must align with the purpose of EIFO's Ukraine Facility: For private Ukrainian counterparts, the facility is expected to support economic activity in agriculture, housing construction, privately owned infrastructure, supply, etc. For public counterparts in Ukraine, the Ukraine Facility is expected to be relevant for critical infrastructure in a broad sense, including in the energy, water, sanitation, housing, and transport sectors.
- The applicant must be a Danish exporter or a Ukrainian buyer.
- The borrower or guarantor must have existed for a minimum of 5 years.
- A minimum equity of three times the application amount is required.
- All financed projects must include an element of Danish economic interest of at least 30% of the financing amount.
- The borrower or guarantor and the project must comply with EIFO's other policies regarding corporate responsibility, tax policy, etc., taking into account the operational context in Ukraine.
Among the applicants and business opportunities that meet the above criteria, projects are selected based on a range of screening criteria, including the project's societal benefit, the buyer and exporter's trade experience, the project's Danish economic interest, the project's maturity, and the risks associated with the transaction.