Unique ecosystem for SME development

Anyone who has ever tried to organize production in Ukraine faced with a necessity to create an appropriate infrastructure for production capacities: to bring gas, electricity, road, water for the production process. The same applies to the development of small and medium-sized businesses. It's not enough to provide small businesses with access to finances – it's necessary to create related infrastructure that will allow SME growing and effectively spending funds.

In the Chernivtsi region such infrastructure has been established basing on ‘Bukovyna’ Fund. It is two years of work experience.

  'Bukovyna' Fund  
Self-sustaining financial tool to support SMEs 
Financing of
Financing of
Infrastructure for SME development
Preferential lending to existing companies
  Revenue      Commercialization of scientific research
Provision of equity capital for new businesses, start-ups and maintenance of projects
      Youth entrepreneurship development 
              SME community integration
              Public popularization of entrepreneurial culture

According to the classification of the Schwab Foundation for Social Entrepreneurship, the Investment Fund 'Bukovyna' is a form of social entrepreneurship (Social business ventures), where fund's investors are more interested in social dividends from their investments. The resulting profits are reinvested for further development of the project, and not distributed among investors.

We offer national investors and international donors to make their contribution to the development of the entrepreneurship in other regions of Ukraine organizing SME support model on the basis of social entrepreneurship.

It is important because:

  1. Provision of added value, which can be created by small and medium business in Ukraine, is $100 billion. This contribution to the GDP can change Ukraine.
  2. Small and medium-sized business is a foundation of the domestic market and the fall protection of foreign markets. Only 8% of the EU small enterprises export their products. Helping small, large become stronger.
  3. Small and medium-sized business provides 80% of all new jobs in the world. Cost of jobs creation in small business 10 times cheaper than in a large enterprise. Helping small, we are struggling with unemployment and lay the foundation for the industry modernization.

If you have questions on cooperation, please, write us: This email address is being protected from spambots. You need JavaScript enabled to view it.