Post on 15-Aug-2018
With the financial support of the
European Commission
SOCIALENTERPRISES
Social Impact Accelerator
(SIA)
European Social Fund (ESF)
Financial in
termediaries
European Fund
for Strategic Investments
(EFSI)
EU Programme for Employment
and Social Innovation
(EaSI)
European Social
Innovation Competition
Member States
EU FUNDING FOR SOCIAL ENTREPRENEURSHIP AN OVERVIEW | MAY 2017
European SocialInnovation Competition
Boosting social innovation by awarding outstanding projects.
2017 theme: Equality rebooted
Example of laureate:2016: Cucula – a practical workshop and an educational program created for and together with refugees and migrants in Berlin.
Timeline: yearly since 2012Annual budget: €200k
EU Programme for Employment and Social
Innovation (EaSI)
Supporting the access to finance for social enterprises through its €193m Microfinance and Social Entrepreneurship axis.
Framework Partnerships (VP/2013/006), e.g.:• Partnership with EVPA to
promote social enterprise finance
Calls to support social enterprise finance (€4m) | Calls in 2013 & 2016, e.g.:• Finanzierungsagentur für
Social Entrepreneurship creating hybrid finance packages for social enterprises
EaSI Guarantee Instrument (€40m) | Call open until 2023, e.g.:• Soria Futuro• TISE to support social
enterprises in Poland and the CEE
Capacity Building Investments Window (€8m) – launched in Dec. 2016 | Call open until 2023
More loan instruments to be developed
Timeline: 2014–2020Total EaSI budget: €919m
European Fund for Strategic Investments
(EFSI)
Fund to finance infrastructures & innovative projects in Europe.
Social Impact Window (€150m) | Call open until 2018
Innovative equity instruments developed to support social enterprises – launched in Oct. 2016:• Social Incubator/Accelerator
(€30m)• Social Business Angels
(€25m)• Payment-by-Result schemes
(€25m)
Enhancement of EaSI Instruments
More financial instruments to be developed
Timeline: 2015–2018Total EFSI budget: €21b
European Social Fund (ESF)
EU’s main financial instrument to support employment and social cohesion, implemented by EU member states through Operational Programmes.
Examples of supported initiatives:• Spain: Lanzaderas de
empleo• Portugal: Portugal
Inovação Social
Timeline: 2014–2020Total ESF budget: €80b
Social Impact Accelerator (SIA) Call for partnerships
Public-private fund of funds addressing the growing need for availability of equity finance to support social enterprises.
Example of supported funds:• Social Venture Fund II
(Ananda Ventures) investing in Insane Logic
• Impact Partenaires III investing in French urban deprived areas
Timeline: since 2013Total SIA budget: €243m
With the financial support of the European Commission
EU FUNDING FOR SOCIAL ENTREPRENEURSHIP AN OVERVIEW | MAY 2017