Every year, dozens of social enterprises are established in Ukraine. They focus on work integration and improve the quality of life for those facing difficult circumstances. They provide critical social services, oftentimes adapting best practices from other countries in new and innovative ways. They create positive social change in the communities they operate in, and also tackle environmental issues, setting up recycling programs and such. Governmental bodies in Ukraine often have neither the purview, inclination, knowhow, nor the resources to solve many local and regional social problems; social enterprises can help address these. Their business is often volatile due to the lack of available capital and expert knowledge necessary to achieve effective sustainability and scalability.

Ukrainian Social Venture Fund was established to gather resources to aid in the development of social entrepreneurship, and to cooperatively address challenges to the field.