- he EU for Ukraine Fund managed by the EIB approves a €25 million investment in Ukraine’s equity growth fund, aimed at strengthening SMEs in Ukraine and Moldova.
- This funding primarily targets asset-light, human capital-rich, export-oriented technology companies, building on the region’s rich engineering talent base.
- The EU for Ukraine Fund is designed to rapidly address urgent needs and sustain economic stability in Ukraine, with over €400 million committed by EU Member States so far.
The EU for Ukraine Fund managed by the European Investment Bank (EIB) hosted its initial Contributors’ Committee meeting today. The EU Member States participating in the meeting greenlighted the fund’s first project financing — an investment of €25 million in Ukraine’s equity growth fund Horizon Capital Growth Fund IV (HCGF IV) managed by Horizon Capital, a leading private equity manager in Ukraine.