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 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


From Neural Networks to Poisonous Plants Recognition: Western NIS Enterprise Fund Holds the Fifth ІТ Technovation Girls Contest

May 27, 2021

Ukraine hosted international IT entrepreneurship girls contest Teсhnovation Girls, which became the fifth in a row. Seven teams of girls aged 10-18 pitched their solutions and competed for educational programs.

New Prospects for Social Entrepreneurs: Partners Join Western NIS Enterprise Fund to Launch Social Impact Award in Ukraine

May 24, 2021

Western NIS Enterprise Fund backed the kickoff of an international program for social entrepreneurs – Social Impact Award in Ukraine. The project was also supported by the Nechytailo Family Foundation, SAP and Ukrainian Social Venture Fund.

New Prospects for the ATO Veterans: Western NIS Enterprise Fund and Oschadbank Grants a Loan at 5% Per Annum to Veterano Pizza Mariupol

May 20, 2021

Western NIS Enterprise Fund and Oschadbank granted the second loan under the “Affordable Loans for Social Enterprises in Eastern Ukraine” project. It went to Oleksii Kachko, director of Veterano Pizza Mariupol.

Oschadbank and Western NIS Enterprise Fund Proceed With Social Entrepreneurship Program

April 28, 2021

Kyiv region-based company Smachni Spravy received a second loan under the “Social Entrepreneurship” joint program of Western NIS Enterprise Fund and Oschadbank at 5% per annum rate. The company was established by the NGO “Ukrainian Donbas” and two internally displaced persons. Part of the products are manufactured under the MAKHAN brand; the company holds three patents for its own products and focuses on production and sale of meat products, made under a unique technology.


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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.