Over 60 proposals submitted to the Ukraine-US reconstruction fund. Svyrydenko provided details
13 February 21:15
Ukrainian Prime Minister Yulia Svyrydenko announced that the US-Ukraine Reconstruction Investment Fund (URIF) received more than 60 project proposals during its first month of accepting applications, including 37 from Ukrainian companies, according to "Komersant Ukrainian".
“The team has already started working on the proposals. The first project is being prepared for due diligence. Another 21 are being reviewed. All projects relate to key areas — energy, infrastructure, critical minerals, and innovative technologies,” Svyrydenko wrote on Telegram.
She reminded that the Fund has a starting capital of $150 million — $75 million from Ukraine and $75 million from the US — and is additionally replenished with funds from the sale of licenses.
“We aim to sign the first three investment agreements by the end of 2026,” the head of the Ukrainian government said.
According to Svyrydenko, the fund’s board of directors and specialized committees have already been established, and an investment advisor has been selected. The fund will prioritize investments in projects that will help attract additional capital for investment and have the greatest impact on the Ukrainian economy, she said.
“The fund is part of a long-term economic partnership with the US that combines investment, technology, and security components,” Svyrydenko added.
The fund was created as part of a mineral resources agreement between the US and Ukraine. In April 2025, the administration of US President Donald Trump signed an agreement with Ukraine to establish the URIF. Over the past nine months, both parties to the fund have invested $75 million in its share capital. As a result, the fund has become operationally active and launched an online application portal.
URIF is considering proposals for the fund’s target sectors, which include investments in critical minerals (CRM), hydrocarbon extraction and transportation, energy (including power generation and transmission), transportation and logistics, information and communication technologies, and emerging technologies. In its early years, URIF plans to prioritize equity and equity-like investments.
Ukraine has further committed to transfer to the fund 50% of the funds that will be received after the agreement enters into force in the form of fees for new and “dormant” licenses and royalties for the extraction of minerals. The agreement became known as the “subsurface agreement” or “mineral agreement.”
The fund’s management structure consists of a board of directors and four specialized committees: investment, audit, administrative, and project search.
On January 8, 2026, the Ministry of Economy, Environment, and Agriculture of Ukraine, together with the U.S. International Development Finance Corporation (DFC), announced the launch of an online portal for submitting investment projects to the U.S.-Ukraine Investment Fund for Reconstruction.