Abstract
The goal of the paper is to present the project concept of Ukrainian social investment fund. The reasons for the establishment of the fund are laid down in the first part of the paper. The project concept is described in the second part. The goals, components, targeted beneficiaries, micro-projects eligible for the funding, project targeting, micro-project selection criteria are presented. The implementation of the project is presented in the third part. There are two phases: pilot project and main investment project. The main objective of the pilot project will be preparation of the main USIF project by elaborating mechanisms and building capacity. The monitoring system of the project is presented in the fifth part. The expected outputs/benefits are discussed in the last part.
Highlights
The Ukrainian Social Investment Fund (USIF) is built on the experience of the demand-driven social fund type operations successfully implemented with the assistance of the World Bank in more than 50 countries
Recurrent costs – for newly established social care services the USIF might cover some of the recurrent cost in a matching mode on a declining basis
For newly established social care services the USIF might cover some of the recurrent cost in a matching mode on a declining basis
Summary
Why a social investment fund in Ukraine 3. Project description: Project objectives; Targeted beneficiaries; Project components; Micro-projects eligible for the USIF funding; Project targeting; Micro-project selection criteria; 4. Project Implementation: Pilot phase; Project institutional set-up; Implementing institutions; Micro-project implementation cycle; Flow of funds
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