Media

Established by Western NIS Enterprise Fund, U.Ventures invests $1.15 million into 3 Ukrainian startups: YouTeam, 3DLook and Pufetto.

On May 12, 2018 the Sikorsky Challenge startup school of Kyiv Polytechnic Institute hosted Regional Pitch Event of the Technovation Challenge, an international IT education program for schoolgirls. Twenty-nine teams of girls aged 10-18 years from 37 cities of Ukraine presented their products – 29 mobile applications, aimed to change Ukraine.

As part of the persistent support of Ukrainian manufacturers and promotion of the Ukrainian products at the world market, the Ukrainian Association of Electrical Goods Manufacturers together with Western NIS Enterprise Fund wheeled out home production at the international exhibition – China Import and Export Fair (Canton Fair), which was held April 15-19, 2018 in Guangzhou, China. The stand featured 20 types of Ukrainian products.

Keeping up with promotion of the Ukrainian products at the world market, the Ukrainian Association of Electrical Goods Manufacturers together with Western NIS Enterprise Fund ensured setting up of the Ukrainian stand at the international exhibition – China Import and Export Fair (Canton Fair) held on April 15 – May 5, 2018 in Guangzhou, China. The stand will feature 20 types of Ukrainian products.

“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.

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.

The Western NIS Enterprise Fund (WNISEF) provided a 5% loan through PJSC “Kredobank” to the Lviv City NGO “Tourism and Sports Club “Manivtsi ” under the Impact Investing Program. The loan recipient is a private social entrepreneur Sofia Stupko, a member of the NGO “Tourism and Sports Club “Manivtsi”.

The final press conference of the Ukraine House Davos Organizing Committee (UHOC) was held yesterday at the Ukraine Crisis Media Center. During the event, the members of UHOC discussed the positive impact of Ukraine House on Ukraine’s international business reputation and investment attractiveness. The speakers stressed in what ways Ukraine House’s focus on technology and innovation favorably positioned Ukraine as Europe’s emerging tech hub.

The NGO-HUB hosts the “Innovative Mayor 2017” Award ceremony. The rating founders Jaroslawa Johnson, President and CEO of the Western NIS Enterprise Fund, and Iryna Ozymok, Founder of the International Mayors Summit, and the WNISEF’s Local Economic Development Program Manager handed the award to the Mayor Serhii Morhunov. They pointed out, that many innovative ideas in the city’s environment, economics, administrative services, energy efficiency, etc. were successfully implemented in Vinnytsia. All these projects make life of the citizens more comfortable.

The Mayors of Khmelnytskyi, Zhytomyr, Chernivtsi, Dolyna, Trostianets and Glukhiv joined the special project “Undercover Mayor” and lived one day as ordinary citizens. Six city leaders dared to disguise and dive into the crowd to find out the people’s opinion regarding the mayor’s office work.