The critical question, it seems to me, is the strength of the four proposed recipients of the loans. Totally understand if you can't be too specific due to security or confidentiality concerns, but what can you tell us about the proposed recipients?
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Empower Ukraine: Invest in Businesses Driving Positive Change
Not fundedImpact certificate
$0raised
$1,000valuation
Longer description of your proposed project
I am the founder of The Second Derivative (TSD), an endeavor that unites philanthropists and impact investors to boost the growth of businesses positively impacting Ukraine. Before the Big War in Ukraine, I had a successful publishing career, navigating the challenging business environment that persisted since the country gained its independence. However, my accomplishments were often overshadowed by frustrations and a sense of despair, with immigration discussions being a recurring theme. The war transformed me into a refugee and simultaneously provided a chance to initiate change, aiming to equalize the entrepreneurial landscape for Ukraine's present and future generations. My objective is to foster a comprehensive transition to a market economy, thereby making immigration to Ukraine a new consideration.
This lofty goal is my moonshot. It intends to unleash Ukraine's entrepreneurial capacity and improve the well-being of its citizens and the wider region. TSD helps overhaul Ukraine's long-term economic structure by connecting philanthropists and impact investors with Ukrainian social entrepreneurs running profitable and scalable businesses. We recently received a $50,000 grant from Tyler Cowen and Emergent Ventures to trial two exceptional companies. The funds from ACX will be used to enhance our program and business pipeline by granting four loans repayable with impact to Ukrainian social enterprises. This grant will also enable us to expand our educational and community-building efforts for our investees.
Describe why you think you're qualified to work on this
I ran my own social business for 14 years, a well-known specialized book publisher called Osnovy Publishing in Kyiv. Now, I'm studying for an EMBA at Said Business School, Oxford, concentrating on impact investing. I also guide and mentor companies and non-profits to increase their social impact. Having a wide network in Ukraine and globally, I have a special insight into businesses often missed by investors in Ukraine.
Other ways I can learn about you
https://www.linkedin.com/in/dana-pavlychko-b44a0673/
https://www.imd.org/news/strategy/updates-running-a-business-like-a-war-time-general/
https://www.aspeninstitutece.org/people-profile/dana-pavlychko/
How much money do you need?
50K
Links to any supporting documents or information
No response.
Estimate your probability of succeeding if you get the amount of money you asked for
I am completely confident in the success of this venture. The project has received a great deal of positive feedback, and its uniqueness in Ukraine has attracted interest from family offices, philanthropic organizations, and private individuals.
Dana Pavlychko
8 months ago
Fantastic inquiry! While I won't specify the businesses by name, I'm eager to share some insights:
The first entity is a cornerstone of Kyiv's cultural and social landscape since 2014. What began as a flea market has transformed into a comprehensive community hub. Over seven years, it has played a pivotal role in helping numerous individuals find their place in society, generating countless employment opportunities, and cultivating a supportive network. This organization is committed to championing equality and making leisure activities accessible to individuals with disabilities. In its eight-year journey, it has organized 58 events, raised in excess of 50 million UAH for various charitable causes, and attracted over 560,000 attendees, distinguishing itself as a globally unparalleled phenomenon.
The second enterprise is an online academy specializing in the creative and technological sectors, providing a holistic educational experience. This encompasses a range of courses, vibrant social engagements, a dynamic community, and a nurturing environment for startups. With nine years under its belt, the school is proud of its 20,000 alumni, 130 instructional programs, and 450 mentors, generating revenue of $5.8 million in the year 2023 alone.
The third business is a trailblazing Ukrainian technology platform that facilitates connections between psychotherapists and their clients. Following its successful implementation in Ukraine, the firm is now expanding its services to the Polish market.
The fourth venture stands as the premier Video on Demand (VOD) streaming service dedicated to Ukrainian cinema. It features a carefully curated selection of Ukrainian films, endorsed by cinema enthusiasts globally.