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


‘’Million Worth Community’’: Western NIS Enterprise Fund grants UAH 1 million to the Pechenizhyn Community

March 14, 2018

“1 + 1” sets up the finale of the first Ukrainian business-social reality TV show “Million Worth Community”. At the show, 5 united territorial communities (UTC) contended for UAH 1 million grant from the Western NIS Enterprise Fund (WNISEF) by developing projects to improve life in the regions. Consequently, the Pechenizhyn UTC came out on top, having developed a raspberry shock-freezing project.


February 22, 2018

Please enjoy the new video about our modern, exciting country with a thriving creative cluster. Create Ukraine. By Luc Chenier with support from Western NIS Enterprise Fund

Ukraine Now: Innovation and Opportunity

February 22, 2018

This is an investor overview of Ukraine, highlighting sectors and opportunities in the country. Spend 3 minutes to explore why Ukraine is growing and expanding as an investment destination on the world map. Visit

The purpose of this investor briefing is to give you a clear picture of opportunities in Ukraine now. With 45 million people Ukraine represents one of the largest emerging markets in Europe.

Ukraine’s greatest assets ate its ‘brains and grains’. The nation has a long history of innovation, including the design, development and manufacture of the world’s largest aircraft. In 2017, Bloomberg ranked Ukraine as one of the world’s most innovative countries.

Ukraine is the silicon steppe of Europe. Innovation technology informs all of Ukraine’s sectors of opportunity. Key sector opportunities include Manufacturing, Agri-Food, Energy, Infrastructure, and Creative Industries.

Ukraine is literally buzzing with innovation and opportunity.

Welcome to Ukraine!

Western NIS Enterprise Fund and Oschadbank proceed with crediting social enterprises at unprecedented rates

February 19, 2018

Western NIS Enterprise Fund and Oschadbank granted another social loan under the “Social Entrepreneurship” program. This time it went to the Vocational Counseling Center for the Disabled “Drukarskyi Dim” in Kramatorsk, where this loan will be used to purchase new equipment for printed materials production in order to consequently strengthen the Center’s competitive position in the regional market. This, in turn, provides opportunities for creating new jobs for the disabled. At present, “Drukarskyi Dim” employs 11 workers, 4 of them are with special needs. Re-equipment of the enterprise will ensure the employment of 6 to 12 disabled workers, as well as scaling up their wages.


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Ukraine Now: Innovation and Opportunity

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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.