The Ukraine Redevelopment and Recovery plan has been introduced at the annual #AGM of LPEA - Luxembourg Private Equity & Venture Capital Association by Andrey Kolodyuk, UVCA Supervisory Board Chairman.
Why is it important to support Ukraine right now?
Ukraine is a part of Europe. European economy is getting hit by the ongoing war because it's connected to the Ukrainian one.
The easy step Europe can make right now has been proposed by Claus Mansfeldt, President of LPEA - Luxembourg Private Equity & Venture Capital Association.
It involves committing 1% for investments in Ukraine together with our investors from total amount of funds raised from LPs by European PE&VC industry as a special "ONEUKRAINE" pledge from the private (or public) markets sector.
This 1% will equal roughly $6B which is even more than was invested into Ukrainian startups over the last 8 years ($2.8B) and was a breakthrough for the whole Ukrainian economy, created over 5 unicorns, and allowed Ukraine to become a big player in the European economy.
🎯 Join us in our mission to rebuild the Ukrainian economy: https://bit.ly/3ubsjkk