Finance4SocialChange

Details



Leveraging Finance 4 positive Social Change

Social entrepreneurship (SE) has become increasingly relevant in today’s economic setting as social changes have mounted,(World Economic Forum, 2017) while at the same time, public funds in many countries are under pressure. The Danube region currently lags behind global trends in the field of SE and social impact investments (EVPA Annual Survey, 2016). Statistics show that only 2% of global social impact investment (with a potential for growth of up to 450 billion EUR by 2019) is targeted towards the Danube region social enterprises, compared to 78% reaching Western Europe. Evidence shows that in the Danube region, there is lack of "blended" financial instruments which would complement non-repayable grants with new forms of finance (venture capital, equity, impact investments microcredit, and fundraising). In addition there is a lack of impact investors and policies to support the improvement of social impact investment markets.

Finance4SocialChange brings together a multi-disciplinary quadruple-helix partnership of 14 partners from 12 countries, 6 ASPs from across Europe to deliver improved policy learning, and develops practical solutions on impact investing to better shape the regulatory framework for the proper functioning of the social financing sector in the Danube region. Finance4SocialChange works towards creating the first "Social Impact Investment Strategy for the Danube region"by paving the way for promoting more social innovations and social impact investment ready social enterprises. The project delivers 130 hours of "blended" learning experiences through the ”Social Impact Investment Transnational Design Academy”, and launches the first "Business Plan Competition" warm-up 2-stage investment ready competition", funded through EUR 200,000 investment capital. A mentorship pool, the "Social Impact Investment Community Council" will be established to provide mentoring to scaling up SEs, and will continue beyond the lifetime of the project by merging with GSEN.

Project co-funded by European Union Funds (ERDF, IPA, ENI).

The official project webpage is available HERE

International Relations
FAST FORWARD EUROPE- FFWD EUROPE
FFWD Fast Forward Europe is an initiative supported under the INTERREG EUROPE Programme that is designed to ensure competitiveness of small and medium-sized enterprises (abbreviated as SMEs).
Date of Project End:December 31, 2020
Participant:Small and medium-sized enterprises
Type:International
International Relations
PROCAREFUL
PROCAREFUL project – PRO.active CARE F.or U.sers L.ife is supported by the Interreg CENTRAL EUROPE Programme with co-financing from the European Regional Development Fund. The project is led by I.S.R.A.A. (Italy) in partnership with 8 Partners from Croatia, ...
Janek Bence
project manager
Tel: +3613122213
Email: janek.bence@ifka.hu
Date of Project End:February 28, 2026
Participant:Small and medium-sized enterprises
Type:International
International Relations
PROCAREFUL
PROCAREFUL project – PRO.active CARE F.or U.sers L.ife is supported by the Interreg CENTRAL EUROPE Programme with co-financing from the European Regional Development Fund. The project is led by I.S.R.A.A. (Italy) in partnership with 8 Partners from Croatia, ...
Janek Bence
project manager
Tel: +3613122213
Email: janek.bence@ifka.hu
Date of Project End:February 28, 2026
Participant:Small and medium-sized enterprises
Type:International
International Relations
RaiSE
Enhancing social enterprises competitiveness through improved business support policies
Mészáros Anna
projektmenedzser
Tel: +3613122213
Email: meszaros.anna@ifka.hu
Date of Project End:August 31, 2022
Participant:Improved access of enterprises, including social enterprises working for society
Type:International
International Relations
SOCIAL SEEDS
Exploiting Potentials of Social Enterprises through Standardized European Evaluation and Development System
Mészáros Anna
projektmenedzser
Tel: +3613122213
Email: meszaros.anna@ifka.hu
Date of Project End:September 30, 2022
Participant:Social enterprises
Type:International
International Relations
REBORN Embracing failure to encourage entrepreneurship and competitiveness
REBORN is a 48-month initiative supported under the INTERREG EUROPE Programme.
Date of Project End:December 31, 2020
Participant:Small and medium-sized enterprises
Type:International
International Relations
Social(i)Makers
Growing a Transnational Smart Community of Social Innovators for the Inclusive Development of Central Europe Social innovation initiatives can create products, services and models that answer to structural transformations of civic communities – but they ...
Mészáros Anna
projektmenedzser
Tel: +3613122213
Email: meszaros.anna@ifka.hu
Date of Project End:July 31, 2020
Participant:Social enterprises
Type:International
International Relations
DanubeChance2.0
Embracing failure to facilitate second-chance entrepreneurship in the Danube region Business entry and exit are natural processes that are inherent to European economic life. In fact, 50% of enterprises do not survive the first 5 years of their life, ...
Date of Project End:December 31, 2021
Participant:Small and Medium-sized enterprised
Type:International
International Relations
Finance4SocialChange
Leveraging Finance 4 positive Social Change Social entrepreneurship (SE) has become increasingly relevant in today’s economic setting as social changes have mounted,(World Economic Forum, 2017) while at the same time, public funds in many countries are ...
Mészáros Anna
projektmenedzser
Tel: +3613122213
Email: meszaros.anna@ifka.hu
Date of Project End:December 31, 2021
Participant:Small and Medium-sized enterprised
Type:International
International Relations
SENSES
Strengthening Social Entrepreneurial Landscape through involving socially responsible corporate Practices in EntrepreNeurial CompetenceS and Skills enhancement in the DANUBE region Social enterprises (SEs) are important drivers for inclusive growth and ...
Date of Project End:June 30, 2019
Participant:Social enterprises (SEs)
Type:International
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