The U.S.-Ukraine Reconstruction Investment Fund (URIF) has received 282 applications from more than 15 countries in its first year of operation: Yulia Svyrydenko

A year ago, Ukraine and the United States signed an agreement to establish the U.S.-Ukraine Reconstruction Investment Fund (URIF), which has already received 282 applications from more than 15 countries. Ukrainian Prime Minister Yulia Svyrydenko announced this.

“This agreement, known as the ‘minerals deal,’ established the Fund and launched a new format of long-term economic partnership between Ukraine and the U.S., which is already attracting global investment,” noted Yulia Svyrydenko. “In just one year of operation, the Fund has received 282 applications from more than 15 countries.” More than half of them are from Ukrainian companies. The largest number of applications comes from the energy sector—more than a quarter of all submitted—as well as the transportation and logistics, critical minerals, and cutting-edge strategic technologies sectors.”

In March, the Fund approved its first investment—in the Ukrainian dual-use technology company Sine Engineering—to develop and improve communication and navigation components for UAVs. Several more projects in the energy sector are currently under review.

“Our shared goal is to conclude three investment agreements by the end of 2026. I would like to thank our partners—the U.S. Department of the Treasury, the DFC, the Ukrainian Government team, and everyone who supports the development of economic partnership between our countries. Together, we are continuing the project selection process and working on the next investment decisions,” noted the Head of Government.

URIF’s total initial capital is USD 150 million.

Since the beginning of the year, an online portal has been launched for submitting investment projects to the Fund: https://urifinvest.com/#/.