The well-known American investment fund will start working in Ukraine in 2026, starting it precisely from Lviv. This was announced by Lviv City Mayor Andriy Sadovyy after signing a cooperation agreement in Washington as part of his working visit to the USA.

The fund will invest up to $30 million in the development of small and medium-sized businesses. This means supporting construction, rehabilitation projects, creating new jobs, and expanding business programs. Together with the city council, the fund will implement grant programs to support entrepreneurs.

«Reconstruction of Ukraine cannot wait for the end of the war – it must begin now. We want to work with Ukrainian companies so that they can grow during the recovery period», – emphasized Paul Sheehan, CEO of SEAF.

For reference

SEAF (Small Enterprise Assistance Funds) is an international investment fund headquartered in Washington, which has been operating in 40 countries around the world for more than 30 years.

The foundation’s mission is «to improve lives and communities through investment focused on entrepreneurs». SEAF invests in small and medium-sized enterprises in the growth phase, especially in emerging market countries.

The Fund has implemented more than 430 investments aimed at creating jobs, raising incomes, and developing local economies.