Social entrepreneurship in Ukraine is proving to be a powerful tool for tackling urgent social and economic challenges while fostering inclusion and urban renewal in the capital. This was the focus of a roundtable discussion on the development of social business in Kyiv, organized by a local research institution.
“Social businesses have significant potential to aid the capital’s recovery from the war, particularly by fostering an inclusive labor market that ranges from innovative prosthetics manufacturing to enhancing community security. The city government is committed to supporting entrepreneurs by establishing favorable conditions for their operations and growth. This is key to sustainable urban development and the creation of a just society,” said a city administration representative.
According to SILab Ukraine, there are currently over 50 social enterprises in Kyiv aimed at achieving social impact. Approximately 40% operate in the environmental sector, 30% focus on integrating people with disabilities, veterans, and youth, while about 20% provide educational services or engage in cultural initiatives. These social enterprises employ over 2,000 individuals, with a significant portion belonging to vulnerable populations.
“Kyiv has the potential to become a hub for social entrepreneurship by developing its infrastructure and supporting youth in this field. Social innovators often require technical assistance, such as help with international grant applications, finding sponsors, fundraising training, and attracting impact investments,” emphasized the institute's director.
He also highlighted the necessity of drawing on international experiences and best local practices to assist companies eager to integrate social impact into their operations.