EU FUNDING OPPORTUNITIES AND PROJECT MANAGEMENT TIPS

The objective of the call for proposals is to contribute to the development of a social finance market, by designing and launching financial instruments for social enterprises and, at the
same time, generating effective demand for social finance among social enterprises by developing their “investment readiness”.

Two strands of action are planned:

• one aimed at enabling the first steps towards the establishment of social finance partnerships and
• one targeting more advanced stages of development, in view of launching a financial instrument or mechanism.

The call also encourages learning from different models and good practices in developing and enhancing social finance across the Union, through organised sharing and disseminating of expertise and experience.

The objective of the call is to test a transaction cost support scheme in the form of a grant to be combined with financial instruments as a means to address the mismatch of needed and sustainable ticket sizes. More particularly, it aims at catalysing smaller risk-capital investments of below EUR 500 000 that otherwise would not happen.
The grant is aimed at financial intermediaries that undertake long term risk capital investments in ticket sizes of less than EUR 500 000 in the form of equity, quasi-equity, or hybrid financing to social enterprises in the EaSI Participating Countries.