Improved ability of SMEs to access new markets

Strengthen communities and innovative market-based solutions at a local level

Solving social problems in community by providing accessible capital, coaching and mentoring

Developing of a new generation of leaders who will transform Ukraine and Moldova

Western NIS Enterprise Fund


Western NIS Enterprise Fund (WNISEF) is a $150 million regional fund, a pioneer in Ukraine and Moldova with more than two decades of successful experience in investing in small and medium-sized companies. WNISEF was funded by the U.S. government via the U.S. Agency for International Development (USAID). Since its inception, WNISEF’s cumulative investments total over $168 million to 118 companies employing around 25 000 people and made it possible to unlock $1.5 billion for companies in Ukraine and Moldova.

In 2015 WNISEF has launched a $35 million legacy program focused on export promotion, local economic development, impact investing and economic leadership.


WNISEF is funding innovative, high-impact, reform focused programs and aims to support Ukraine and Moldova at this critical period by developing sound economic policy and leadership.


WNISEF is governed by an independent Board of Directors comprised of leading representatives of the U.S. business community. WNISEF was established by the U.S. Congress and funded by the U.S. government via USAID.

We believe that these funds will be the catalyst that will expedite the transformative process and cement its results for the longer term – until ordinary people feel a tangible impact on their lives and join the ranks of reformers.

Jaroslawa Zelinsky Johnson

President and CEO of Western NIS Enterprise Fund


The Official Opening of the Ukrainian Pavilion at the World’s Biggest Consumer Electronics Show CES-2018

January 10, 2018

On January 10, a Ukrainian pavilion was officially opened at the Consumer Electronics Show (CES) – the world’s biggest consumer electronics conference annually held in Las Vegas, USA.

Oschadbank and Western NIS Enterprise Fund jointly grant another social loan in Luhansk region

December 22, 2017

Enterprises and individual entrepreneurs that prove social focus of their activities can get loans at a rate of 5% to 10% per annum under the “Social Entrepreneurship” program.

First-ever Ukraine House to open in Davos during the World Economic Forum’s Annual Meeting

December 19, 2017

Ukraine House, a multi-format venue, is set to open in Davos, Switzerland during the 48th Annual Meeting of the World Economic Forum (WEF). Under the theme Ukraine: Creativity, Innovation, Opportunity, this multi-format space will showcase investment opportunities in Ukraine’s IT and Innovation sector to global business, technology and investment leaders. Ukraine House is a unique opportunity to highlight the vibrant, energetic European country and society that is Ukraine.

International Mayors Summit Started in Kyiv

November 28, 2017

The International Mayors Summit, organized by the Western NIS Enterprise Fund, kicks off in Kyiv. More than 150 Ukrainian mayors and local government leaders from eight countries gathered to share their experience in introducing innovations.


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Ukraine Trade Mission to Israel

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Agents of Change in Rural Education: Yearly Progress Report of 24 HUB Schools

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Ukrainian Leadership Academy

The Ukrainian Leadership Academy, a program of community and individual development, taught recent high school graduates the importance of socially responsible leadership, national and personal identity, and provided the training – physical, psychological and communicational, and intellectual – necessary to unlock their country’s potential from within.