For many years now, UNDP has been a great supporter of social innovation both in the Europe and CIS region and particularly in Ukraine.
UNDP Ukraine is regularly bringing stakeholders together to design new ways to ensure sustainable livelihoods for beneficiaries, supporting youth and minority groups in developing innovative ideas, and using openly available data in an innovative way to inform policies on gender disparities.
The 2017 Crowdfunding Academy is the result of UNDP exploring several alternative financing instruments to ensure beneficiaries’ capacity to raise funds on their own. Crowdfunding is a powerful outreach and advocacy mechanism, and a way to create new business models for tackling social problems.
For the Crowdfunding Academy, a website was created that allowed internet users to select their favourite business idea developed by IDPs from Donbas, and financially support it with a few clicks. The business ideas ranged from a tourist app to handmade tapestry, and several businesses are ecology or socially oriented.