Air raid alerts again in Kyiv and across Ukraine.
It is hard to describe how awful it feels to know that you, your loved ones, and civilians across the country may once again become targets for ballistic missiles and drones.
I am so sick and tired of this 🤬
Impact economy in #Ukraine is very practical. Not theory. Recovery in action.
A grant can launch a social idea.
A loan can scale it.
Impact KPIs should prove that scaling creates real value.
This is the financial logic #impact#economy needs.
Profit is not the opposite of social impact.
For social enterprises, profit is what allows the mission to continue, grow and become less dependent on grants.
Banks can be more than lenders.
They can help turn socially important ideas into financeable projects by connecting business, communities, donors, guarantees, technical assistance and real needs.
Social entrepreneurship does not work through one player.
The state creates rules.
Donors provide grants and guarantees.
Business proves the model.
Banks scale what works.
Communities bring real needs and trust.
Without transparency, there is no trust.
Without trust, there is no capital.
The first product many social enterprises need is not a loan.
It is preparation for a loan: business model, reporting, risk structure, cash flow and measurable impact.
#Social#entrepreneurship is not charity with a cash register.
It is a business that solves a social problem.
And profit is not a betrayal of the mission. It is the fuel that makes the mission sustainable. #ukraine#impact
The main gap in impact economy is not only money.
The mission may be strong, but the project is often not ready for financing.
Banks need cash flow, risk assessment, reporting, payback, transparency and measurable impact.
At #Kyiv#Impact#Entrepreneurs Meetup #5, I spoke about impact economy as a practical tool for Ukraine’s recovery.
For banks, impact should become measurable: jobs created, communities supported, inclusion, resilience and sustainability.
Impact should be part of KPIs. #ukraine
From Kyiv to Warsaw, and then on to Seoul.
Business, kimchi and a little jet lag ahead 🇰🇷 🇺🇦
Also, very grateful it’s not Delhi at 43°C.
Investors do not come to the country with the best presentations and the best conferences.
They come where there are clear rules, speed, accountability and a predictable logic of decision-making.
#Investment#UkraineRecovery#Capital#Governance#BusinessClimate
Resilience without efficiency becomes expensive survival.
Ukrainian business has already proven it can withstand shocks.
The next question is whether we can build an economy that not only survives, but grows fast.
#Ukraine#Resilience#Efficiency#Business#Growth
SMEs are not always asking for the cheapest money.
Very often, they need fast decisions, simple procedures and predictable rules.
Sometimes bureaucracy is more expensive than the interest rate.
#SME#Business#Finance#Ukraine#Entrepreneurship
European integration of Ukraine should not mean importing European bureaucracy.
Ukraine needs European standards, market access, rules and trust.
But we should not copy slowness, overregulation and fear of decision-making.
#ukraine#eu
Ukraine needs to convert international support into results faster.
Equipment provided within International aid must be put into operation, and available financing from IFOs must become projects, procurement and commissioned solutions.
For Ukraine, energy de-risking is not a theoretical financial concept.
It is a way to turn auctions, donor support and bank financing into real megawatts in the power system.
Ukraine needs new megawatts.
But they will not appear on their own. Ukraine needs market rules, EU electricity imports, interconnectors, BESS, flexible generation, de-risking instruments and faster use of international support.
A temporary reduction in power outages in Ukraine does not mean the risks have disappeared.
Summer and winter will again bring peak loads, while russia continues to attack energy infrastructure.
Businesses should prepare now.
Energy resilience in Ukraine is no longer a technical issue for energy experts only.
For Ukrainian businesses, it is about operational continuity, competitiveness, risk management and the ability to plan during the war.
An idea without numbers is inspiration.
An idea with numbers is financing.
A grant is not a substitute for a loan, it’s its partner 🙂
My talk on municipal finance from @ua_oschadbank at the Resilience Hackathon in Kyiv.