Luxembourg and Frankfurt am Main, 26 October 2023 – The Development Facility of the European Fund for Southeast Europe (EFSE DF) and Euromoney Learning joined forces to provide Ukrainian professionals and students with access to leading finance industry online courses. Up to 60 selected participants will benefit from 9-month access to online courses on Euromoney Learning On-Demand, powered by Finance Unlocked. Euromoney Learning On-Demand is a world-leading, on-demand video learning platform built specifically for finance professionals. The project will allow the participants to tailor their study path and develop their knowledge across all areas of banking and finance.
The target groups of this scholarship programme include Ukrainian professionals and students with experience in finance. Applicants residing in Ukraine, as well as those who fled the country after the outbreak of the Russian invasion of Ukraine, are eligible to apply for participation. To apply for participation, please fill in the application form. We encourage all interested and eligible applicants to apply by 15 November 2023!
The overall objective of the initiative is to develop expert capabilities and thus enhance the economic potential of Ukraine, supporting its sustainable economic reconstruction and sustainable development. The programme is designed to increase the knowledge and professional skills of Ukrainian employees, students, or unemployed professionals within financial, MSME and other sectors, as well as those interested in starting a career in sustainable finance. By providing access to recognized financial industry certification programs, the programme aims to boost the career prospects of Ukrainian nationals - both in and outside of Ukraine - and thereby support the economic potential of Ukraine during the reconstruction phase.
The programme is made available through the EFSE Entrepreneurship Academy and is part of the Stand with Ukraine programme established by EFSE, Green for Growth Fund (GGF) and the funds' advisor, Finance in Motion. Under this program, EFSE partners with other leading educational and certification program providers.
Andrea Hagmann, Chair of the EFSE Development Facility, said: “Providing access to cutting-edge financial expertise is crucial for current and future Ukrainian finance professionals. At this vital crossroad, swift action can address a potential brain drain, accelerate recovery, and reconstruct with a 'build back better' mindset for a sustainable future. Thank you to our partners for helping us create these resources to improve the capacity of responsible finance experts and professionals in Ukraine.”
Jennifer Merrington, Senior Client Relationship Manager for Euromoney Learning, said: “We’re delighted to partner with the EFSE DF to help support Ukrainian citizens embark on a career in sustainable finance. It really is our pleasure to make available to them the vast range of resources on Euromoney Learning On-Demand, and we are excited to be a part of the participants’ journey in upskilling and preparing for their future.”
About EFSE Development Facility
The Development Facility of the European Fund for Southeast Europe (EFSE DF) was created in 2006 to support the fund’s development finance mandate. It deploys effective, targeted, and innovative technical assistance to maximise the impact and extent of the fund’s development finance mandate in target countries. The EFSE Entrepreneurship Academy is an arm of the EFSE DF that specifically focuses providing entrepreneurs with the resources, training, opportunities for financial backing, and other means necessary to turn good ideas into successful enterprises.
Managed by impact asset manager Finance in Motion, the facility operates independently from the fund in a fiduciary arrangement under Luxembourg law. The Development Facility Committee, comprising members nominated by KfW Development Bank, the development bank of Austria OeEB, and the Dutch development bank FMO, is responsible for assessing and approving all project proposals and providing strategic guidance to the facility.
About Euromoney Learning
Euromoney Learning is a world-leading provider of learning solutions to banking and finance professionals across the globe.
For over 35 years we have continuously evolved, creating learning approaches that shape what comes next for financial education. We offer learning across all requirements, from access to on-demand content, in-person or virtual classroom training, to collaborative solutions that are driven by completely customised, blended learning programmes across entire organisations.
For more information about Euromoney Learning, please visit: www.euromoney.com/learning
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