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The U.S.–Ukraine Reconstruction Investment Fund has launched its first project selection process for funding

The U.S.–Ukraine Reconstruction Investment Fund has launched its first project selection process for funding
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The Project Screening Committee of the U.S.–Ukraine Reconstruction Investment Fund has completed the review of all investment applications submitted to the Fund in January via the InvestPortal.

The online portal for project submissions was launched on January 6, 2026. During the first three weeks of operation, the Fund received 59 investment applications, 37 of which were submitted by Ukrainian companies in the Fund’s priority sectors: critical minerals, energy, transport and logistics, information and communication technologies, and emerging technologies.

As a result of the first review stage, 22 projects will move forward for further evaluation.

“Completing the first cycle of application review confirms the Fund’s readiness for real action. We have seen high-quality projects in critically important sectors that have the potential to attract additional private capital. We assess not only the financial capacity but also the strategic importance of each project for the country’s economy,” said Oleksiy Sobolev, Minister of Economy, Environment, and Agriculture of Ukraine.

Information about specific projects will not be disclosed until verification procedures are completed. The results of the comprehensive review are expected to be submitted to the Fund’s Investment Committee and Governing Board by the end of March 2026 for final funding decisions.

The Project Screening Committee meets monthly and ensures the selection and preparation of investment initiatives according to the Fund’s strategic priorities.

In its early years, the Fund plans to prioritize investments in equity and equity-like instruments (quasi-equity).

Projects can be submitted, or additional information obtained, via the official website of the U.S.–Ukraine Reconstruction Investment Fund: https://urifinvest.com/

The United States–Ukraine Reconstruction Investment Fund was established under an agreement between the Governments of Ukraine and the United States of America. The Fund’s authorized capital was formed from equal contributions from both parties—$75 million from the U.S. through the U.S. International Development Finance Corporation (DFC) and $75 million from Ukraine—bringing the total initial capital to $150 million.

The Fund’s governance structure includes a Governing Board and four specialized committees: Investment, Audit, Administrative, and Project Screening. Alvarez & Marsal (A&M) serves as the Fund’s investment advisor.

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