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 over 25 years 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 $186 million to 130 companies employing around 26,000 people and made it possible to unlock $2.2 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 4th International Mayors Summit in Kyiv Brought Together More Than 50 Mayors

September 30, 2021

On September 28, 2021, the 4th annual International Mayors Summit, organized by the Western NIS Enterprise Fund, took place in Kyiv. The event was attended by more than 130 mayors, business representatives, state officials and experts from Ukraine, Germany, the USA, Portugal and Albania.


September 15, 2021

The first public selection of startups to participate in the Consumer Electronic Show 2022, taking place in January of next year, was held on September 14. Eight winners were selected from 17 teams, who will receive Innovative Vouchers, exempted from paying rent on exhibition space and will exhibit their product at CES Eureka Park within the confines of the Ukrainian Startup Pavilion, to be held in Las Vegas, Nevada.

Cities at the Frontline: Progress Despite Global Challenges. The 4th International Mayors Summit will be held in Kyiv

August 18, 2021

The fourth International Mayors Summit “Cities at the Frontline: Progress Despite Global Challenges” will take place on September 28, in Kyiv, Ukraine. The Summit is organized by Western NIS Enterprise Fund.

DREAMactions 4.0 Small Grants Competition Kicks Off! Qualitative Changes Do Not Require a Lot of Money

July 27, 2021

CANactions School and Western NIS Enterprise Fund, which supports reforms promotion and transformation projects in Ukraine, announce the 4th DREAMactions Small Grants Competition.


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MADE IN UKRAINE. Agrocomplex Vinnychyna

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Technovation Ukraine Regional Pitch Event 2019

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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.