Advisors in Ukraine to the Project Accelerator

Swedfund and the Project Accelerator
Swedfund, Sweden's development finance institution, aims to reduce poverty through sustainable investments. The Swedfund Project Accelerator supports this mission by developing and implementing sustainable infrastructure projects, addressing the shortage of bankable projects crucial for Agenda 2030.

The Project Accelerator collaborates closely with public entities throughout the project cycle, from early-phase work to project design and capacity building. It offers untied grant financing to public entities for engaging consultants and experts to strengthen local institutional capacity, including feasibility studies.

In recent years, the Project Accelerator has had an increased focus on projects in Ukraine and has a need for additional advisors in the following sectors:

• Energy (combined heat and power plants, solar, wind, BESS, transmission, district heating)

• Water and wastewater (treatment plants, distribution and collection systems

• Transport (rail)

• Seaports

• Healthcare (healthcare facilities, oncology, digital healthcare)

• Digital projects (rural connectivity, policy and regulation, datacenters)

The deadline for registration of interest is March 16, 2026. Selected applicants will join the Advisor pool and be considered for future projects.

The Advisor role in projects
The Project Accelerator engages at least one Advisor per project to provide subject matter expertise throughout the project cycle. Advisors help assess opportunities, define scopes of work for consultancy assignments, and support sustainable project development and procurement. They also assist during the execution of studies financed by Swedfund and conducted by external consultants.

Note that the engagement for which Swedfund provides grant funding is carried out by an external consulting firm (Consultant) selected through a separate competitive sourcing process. The roles of Advisor and Consultant cannot be combined.

The Advisor role varies between different projects and geographies, but the following tasks are typically included:

• Support Swedfund in evaluating leads and project proposals, reviewing project materials and background information, and participating in meetings with stakeholders.

• Assist Swedfund and the local project owner in developing the Terms of Reference for the study or assignment financed by Swedfund.

• Aid Swedfund and the local project owner in the process of procuring a consultant. This could include supporting the evaluation processes for consultancy services.

• Support Swedfund throughout the project execution phase by reviewing the deliverables of the project and participating in steering group meetings.

• Support Swedfund and the local project owner in identifying and engaging with possible financiers for implementation of the infrastructure project.

• Help Swedfund identify key risks and obstacles in the project.

Advisor profile
Candidates for assignments as Advisors to the Project Accelerator are expected to meet the following requirements:

• Fluency in both Ukrainian and English.

• A degree in a relevant field.

• Significant experience and knowledge within the selected sector (energy, water/wastewater, transport, seaports, healthcare or digital).

• Experience with project preparation assignments, such as preparing feasibility studies and preliminary designs.

• Knowledge of design in accordance with Ukrainian legislation and Ukrainian building codes is an advantage in some sectors.  

• Experience in sourcing consultancy services for the purpose of project development, including the development of Terms of Reference, proposal evaluation and/or proposal preparation, is an advantage.

• Experience collaborating with public institutions in projects, such as public utilities, municipalities, state-owned enterprises, ministries, and other stakeholders.

• Experience working with multilateral development banks and other financiers is an advantage.

• Ability and interest in supporting throughout the entire project cycle, which may involve varying time requirements depending on project development.