Impact Business Accelerator is an in-depth business program, created for active Ukrainian businesses that want to enhance overall business growth, contribute to Ukraine's post-war recovery, and create lasting social impact.
JOIN THE PROGRAM AND GET ACCESS TO:
10 online modules on impact and key business topics
20 sessions within the Swedish Advisory Programme with international expert and 16 hands-on workshops
Individual mentorship and consultations with international experts
Opportunity to pitch your business at Demo Day in November 2026
A community of like-minded social entrepreneurs from diverse sectors across Ukraine
Free resources and materials from programme partners
Following the programme, the five most promising companies will receive interest-free repayable financial assistance of €7,000 from the Ukrainian Social Venture Fund.
SELECTION CRITERIA
Get to know more about participant selection criteria for Impact Business Accelerator 2025
/01
Open stage
LEGAL ENTITY
The company must be registered and operate in Ukraine at least since January 01, 2024.
SOCIAL IMPACT
Companies that create or plan to create social impact are invited to participate in the program.
* Social impact is a change in the well-being of people or the state of the natural environment caused by an organization/company.
/02
In-depth stage
LEGAL ENTITY
The company must be registered and operating in Ukraine since at least January 1, 2024. Applicants must provide a business registration extract.
Companies are not eligible to participate in the program if they are registered (have a legal address) in territories defined as temporarily occupied (including the list of settlements where Ukrainian state authorities temporarily do not exercise their powers, as well as settlements located along the line of active hostilities), or if they operate in the Russian Federation or Belarus through a branch, representative office, department, bureau, affiliated company, or any other separate unit. Companies subject to sanctions imposed by the Government of Ukraine and its partners are also not eligible.
FINANCIAL PERFORMANCE AND STABILITY
The company’s business model must demonstrate the potential for financial stability and further growth. The company must provide tax reports for the first three quarters of 2025 (if available) or an annual report for 2024 confirming an annual turnover of at least 100,000 UAH.
TEAM
The company has a team of founders and employees who are committed to the success of the project, open to mentorship, and motivated to develop the business (at least 2 persons participating in the accelerator). A list of team members must be provided along with a description of their key roles.
BUSINESS MODEL
The company’s business model demonstrates proven profitability and market potential and can be scaled to other cities and regions within the country or internationally. The company must describe its business model and provide a business plan with a realistic forecast of reaching a certain level of profitability (if available).
PRODUCT OR SERVICE READINESS
The company has a product/service that is already on the market or will be ready for market entry within six months from the start of the acceleration program, and/or plans to launch a new product/service.
SOCIAL IMPACT
The company has a defined impact mission and vision and understands its (planned) impact, supported by a theory of change. While the acceleration program will help participants refine, formalize, and develop approaches to impact measurement, applicants are expected to have a clear understanding of the type of social impact, causes, or problems they aim to address.
ACTIVE PARTICIPATION IN THE PROGRAM
The ability and commitment of two company representatives to attend all required sessions, seminars, and practical workshops, as well as to complete all assignments.
KEY TOPICS
Click to explore main topics covered by Program aimed to support you and your business
Social entrepreneurship
Impact measurement
Finance and accounting
Marketing and social media
Sustainability for business
Communications & social impact
Access to investments & grants
Human resources & people operations
Business operations
Scaling & export
TRAINING FORMAT
Practical learning and interactive modules — delivered in a user-friendly, interactive chatbot format.
ONLINE COURSES
Online lectures on social impact and key business topics
PITCHING SKILLS
Enhancing pitching and presentation skills
DEMO DAY
Present your business to investors at Demo Day in November 2026.
INDIVIDUAL CONSULTATIONS
Face-to-face online sessions for teams with mentors and experts
IMPACT BUSINESS ECOSYSTEM
Impact business ecosystem that supports continuous innovation and collaboration
Ukrainian NGO focused on driving transformative social behavior change and generating economic opportunities to advance Ukraine's journey towards a sustainable and equitable recovery.
USVF is a venture philanthropy organization that provides financial and non-financial support to strengthen social enterprises and develop social entrepreneurship ecosystem.
SILab Ukraine is a professional platform for social entrepreneurship and social innovation development, impact investment promotion, social partnership building.
An international organisation working to create a world where innovation and sustainable business come together to solve the most pressing social challenges.
Governance Offices of Sweden Ministry for Foreign Affairs
The Ministry for Foreign Affairs and Sweden's diplomatic missions abroad are responsible for Sweden's foreign policy, development aid policy and trade policy.
State body responsible for designing and implementing the state policy in the sector of digitization, open data, national electronic information resources and interoperability, introducing e-services and more.
State institution that operates for the effective development of entrepreneurship and exports and promotes the updating of the Strategy for small and medium entrepreneurship in Ukraine and the development of unified programs to support SMEs.
Large-scale national project for entrepreneurship and export promotion, that was initiated by the Ministry of Digital Transformation of Ukraine in February 2020. Since May 2021 the project is implemented jointly by the Ministry of Digital Transformation of Ukraine and the Entrepreneurship and Export Promotion Office (ЕЕРО).
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