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 $1.85 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


MADE IN UKRAINE. Agrocomplex Vinnychyna

October 15, 2020

International Mayors Summit and Lady Di Atelier launch a capsule scarf collection to support kids with Down syndrome and autism

October 13, 2020

The International Mayors Summit and the first Ukrainian inclusive atelier Lady Di Atelier joined efforts to launch a capsule silk scarf collection entitled “Breaking down barriers is easy. Together!” Each item’s print is a drawing made by children with Down syndrome (called “sunny kids” in Ukraine) as part of art therapy classes at the Sunny Workshop operated by Lady Di Atelier.

Western NIS Enterprise Fund (WNISEF) Announces an Agreement to Exit Leading Moldovan Glass Packaging Manufacturing Platform to the Swiss Vetropack Group

August 04, 2020

Western NIS Enterprise Fund announced today that it has reached an agreement to sell, alongside other shareholders, its stake in Moldova-based Glass Container Company and Glass Container Prim (the “Glass Container Companies”, “GCC”) to Vetropack Austria Holding AG, a subsidiary of Vetropack Holding SA (SWX:VET). Vetropack is a leading Swiss player in the European glass packaging industry with 2019 annual turnover of CHF 714.9 million, and subsidiaries in Switzerland, Austria, Czech Republic, Slovakia, Croatia, Ukraine and Italy.

Western NIS Enterprise Fund Announces a New Lending Project to Social Enterprises in Eastern Ukraine

July 22, 2020

Western NIS Enterprise Fund (WNISEF) announces a call for applications for low-interest loans for social enterprises in Eastern Ukraine. The new $100,000 WNISEF project “Affordable Loans for Social Enterprises in Eastern Ukraine” is being implemented with the support of the American people via the United States Agency for International Development (USAID) within the agreement with the Western NIS Enterprise Fund under the USAID Economic Resilience Activity (ERA).


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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.