On January 31, 2023, U.S. International Development Finance Corporation (DFC) Chief Executive Officer Scott Nathan traveled to Ukraine to deepen engagement with the local business community, showing unwavering support and making several announcements to catalyze $1 billion in private sector engagement. This includes the intent to mobilize $250 million for small businesses in Ukraine.
Together with Ukrainian Prime Minister Denys Shmyhal and U.S. Ambassador Bridget Brink at the American Chamber of Commerce, CEO Nathan announced DFC’s intent to mobilize $250 million for banks in Ukraine this year to increase their small business lending, send Washington-based staff temporarily to Ukraine for extended tours to help source transactions and highlight new potential investments in the health and technology sectors.
DFC CEO Scott Nathan said: “I’m convinced that new DFC investments here will mobilize well over $1 billion in private sector capital to support the economy of Ukraine. DFC remains committed to supporting high-standard, high-value projects in this country in the months and years to come.”
While at the American Chamber of Commerce of Ukraine, CEO Nathan announced two letters of interest to explore new investments. First, DFC is working with Horizon Capital to support to eCommerce, fintech, and technology businesses across Ukraine and Moldova. Second, DFC is exploring the expansion of the Dobrobut Hospital in Kyiv, which provides post-surgical, physical, psychological rehabilitation, and prosthetic services.
AmCham maintains regular dialogue with DFC team. On April 6, AmCham Ukraine President Andy Hunder and Vice President Tetyana Prokopchuk met with John Didiuk, Director of International Project Finance at DFC, and William Silk, Advisor to the CEO of DFC, in Kyiv. The discussion was focused on the private sector’s role in investing in Ukraine’s rebuilding and risk insurance availability. DFC is investing now to help keep Ukrainian businesses moving forward despite the tough circumstances.
If you are believing in Ukraine, commitment to keeping Ukraine’s economy running, and have a high-standard, high-value ambitious project focused on long-term growth, do not hesitate to apply for DFC’s support. Contact person: Veronika Alieksieienko, AmCham Ukraine Chief Policy Officer (Banking & Financial Issues), valieksieienko@chamber.ua.
About DFC
U.S. International Development Finance Corporation (DFC) is America’s development finance institution. DFC partners with the private sector to finance solutions to the most critical challenges facing the developing world today. DFC invests across sectors, including energy, healthcare, critical infrastructure, and technology. DFC also provides financing for small businesses and women entrepreneurs in order to create jobs in emerging markets. More information available at https://www.dfc.gov/
What DFC offers
- Debt Financing
- Equity Investments
- Feasibility Studies
- Investment Funds
- Political Risk Insurance
- Technical Assistance
