Bringing U.S. capital, know-how and ingenuity to build competitive economies and just societies in Emerging Europe
Ukraine-Moldova American Enterprise Fund is a U.S. government-backed regional fund investing in Ukraine and Moldova since 1994, and operating a legacy program funded by reflows and grants since 2015
SME Direct Investments
$50m program providing Small and Medium-Sized Enterprises (SMEs) operating in Ukraine and Moldova with the capital necessary for growth and development
SME Development
Building strong and successful SME sector capable of contributing to economic recovery in Ukraine and Moldova
Sponsorship and Launch of Horizon Capital
In 2006, UMAEF sponsored the creation and launch of Horizon Capital (HC), with a $25m commitment to its $132m debut fund. Today, HC is the leading private equity firm in Emerging Europe with $1.6bn in assets under management from 40+ investors with an over $700bn capital base, and raised more than $900m in growth capital to back visionary entrepreneurs from Ukraine and Moldova in 6 years. UMAEF has backed three HC-managed funds, committing $65m which mobilized $682m, an over 10x multiplier effect
u.ventures
UMAEF launched u.ventures in 2017, earmarking $30m to invest in early stage tech startups, with a mission to empower local entrepreneurs who dare to build exciting global ventures
Impact Investing
Enabling entrepreneurs and businesses to address social and environmental challenges via financial investment and sustainable business practices
Innovation, Education, and Entrepreneurship
Developing a new generation of institutions, innovative businesses and leaders who transform Ukraine and Moldova
Local Economic Development
Building sustainable partnerships to develop responsible, proactive communities at a local level
Veteran Support
Making an extensive, sustainable impact by building an ecosystem that will provide necessary services for the veterans and their relatives in the long term
Ukraine-Moldova
American Enterprise Fund
We've rebranded to UMAEF, emphasizing our dedication to Ukraine and Moldova.
WNISEF
UMAEF
UMAEF is a
$285 million
regional fund, a pioneer in Ukraine and Moldova
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UMAEF has
30+ years
of experience in investing in small and medium-sized companies
Fact №
03
UMAEF invested
$1+ billion
to 183 companies employing around 94,000 people
Fact №
04
UMAEF made it possible to unlock
$2.4 billion
for companies in Ukraine and Moldova
Fact №
05
Since 2015 UMAEF implements a
$170 million
legacy program focused on direct investment and SME development, local economic development, impact investing, entrepreneurship, education and innovations, and veteran support.
Fact №
06
UMAEF supported over
34,000
companies in Ukraine and Moldova
Fact №
07
UMAEF impacted
5.5+ million
people
Fact №
08
Governance
UMAEF is governed by an independent Board of Directors comprised of leading representatives of the U.S. business community. UMAEF was established by the U.S. Congress and funded by the U.S. government via USAID.
Mission
UMAEF 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.
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Key Projects
Ukraine House Davos
Ukraine House Davos is a platform that demonstrates the best achievements of Ukrainian business and culture to the world during the World Economic Forum, which takes place annually in Davos, Switzerland. In its first five years, Ukraine House Davos attracted over 40,000 visitors, the most recent Ukraine House alone gathered circa 400,000 views, and posts received over 1.2 million impressions from around the world. Ukraine House Davos is led by Executive Director Ulyana Khromyak and co-organized by Victor Pinchuk Foundation, Ukraine-Moldova American Enterprise Fund, and Horizon Capital. Ukraine House Davos Organizing Committee is comprised of four women who volunteer their efforts to produce this event:
- Jaroslawa Johnson, President and CEO of Ukraine-Moldova American Enterprise Fund (UMAEF)
- Svitlana Grytsenko of Victor Pinchuk Foundation
- Lenna Koszarny, Founding Partner and CEO of Horizon Capital
- Ulyana Khromyak, Executive Director of Ukraine House Davos
Ukrainian Leadership Academy
The Ukrainian Leadership Academy is a 10-month program of personal and collective development for secondary school graduates built on combination of physical, psychological, and intellectual development and based on the values. The aim of the Academy is to unite young people with high potential for leadership, and provide them with the best training and world practices, help them to discover a deep understanding of national identity, reveal their true talent, and encourage them to become agents of change for the benefit of our country. The Academy was founded in 2015 with support of Ukraine-Moldova American Enterprise Fund. The project is supported by the Presidential Administration of Ukraine, the Parliament Committee on Education and Science, and the Ministry of Education and Science of Ukraine.
International Mayors Summit
International Mayors Summit (IMS), launched in 2016 as a knowledge exchange platform for local government leaders, became “more than a conference”, a place where projects and partnerships are born. The annual Summit brings together prominent mayors from throughout the world, the business community, international organizations representatives and civil society to discuss solutions, innovations, best practices and common challenges in all areas of city life. The Summit is organized by Western NIS Enterprise Fund and supported by the Prime Minister of Ukraine. Mayors and experts from the USA, Canada, the Netherlands, UK, UAE, Lithuania, Norway, Poland, and Germany took part at the International Mayors Summit. The Summit’s format allows participants to get knowledge and build a strong international network with prominent global leaders of urban transformation, be part of professional speed-networking sessions, test various solutions at the location, sign memorandums and launch special projects.
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.
Media
Reports
Reports drive improvement by assessing results and identifying opportunities. They provide valuable insights to optimize performance.
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