UNLOCKING PRIVATE CAPITAL FOR SOCIAL GOOD IN CENTRAL & EASTERN EUROPE: COMPREHENSIVE ANALYSIS
DOWNLOAD THE REPORTABOUT THE REPOERT
In order to positively influence the CEE social impact ecosystem in which corporate and individual donors operate, we need to first understand what stands in their way to a greater social engagement. What barriers do they face, including tax and legal aspects? What are the potential incentives that could positively impact their engagement? The process of mapping them and, ultimately, positively influencing the national ecosystems is a key objective of this initiative, carried out in partnership with key actors and decision makers in each country, mostly umbrella organizations for family businesses and SMEs, nonprofits, academic institutions, and national and international organizations supporting social engagement in the region.
change the language:
DOWNLOAD REPORT
Lorem ipsum
1. Overview of the CEE region by Fabian Zuleeg, European Policy Centre | Open the report
2. Forewords
3. Methodology and major objectives of the study
1. Bulgaria
2. Croatia
3. Czech Republic
4. Estonia
5. Hungary
6. Latvia
7. Lithuania
8. Poland
9. Romania
10. Slovakia
11. Slovenia
Recommendation: To foster collaboration, dialogue between different stakeholders should be encouraged. More flexibility, openness and understanding is needed. The return of international donors to Bulgaria would make it possible to operate on a more stable and long-term basis. Support in the field of EU funds is necessary at the level of creating applications and reporting.
To read more, download the reportRecommendation: It is necessary to develop terminology and standards that are clear and unambiguous for all groups. Impact measurement tools should be tested and implemented in cooperation with different stakeholders. It is necessary to standardize non-financial reporting, develop skills and exchange knowledge in this area.
To read more, download the reportRecommendation: Currently, programs offering financial support and capacity building support are targeting different groups. Both forms of support should be offered to a given target group. There is a need for capacity-building programs for leaders to educate them in fundraising, marketing, and applying for advanced public funds and resources. It is also important to build the competence of the public administration in supporting social impact and developing impactful programs.
To read more, download the reportRecommendation: More transparency in reporting and measuring impact can help build awareness and credibility around social sector. Increasing this awareness will certainly have a direct impact on increasing donor engagement.
To read more, download the reportRecommendation: A set of simple, understandable guidelines for investors and good practices are necessary. A shift in mindset around social impact providers is important. Opening up to a more businesslike approach in day-to-day activity of impact providers is needed and can be effectively combined with achieving social goals. It is worth considering support from the public administration to reduce investment risk (e.g. tax incentives).
To read more, download the reportConsultations’ Participants
America for Bulgaria Foundation
Bulgarian Business Leaders Forum
Bulgarian center for not-for-profit law
Bulgarian Chamber of Commerce and Industry
Bulgarian Private Equity & Venture Capital Association
Bulgarian Small and Medium Enterprises Promotion Agency
Confederation of Employers and Industrialists in Bulgaria
Dokova & Dokov for Future Foundation
Federation of Social NGOs in Bulgaria
Hewlett-Packard Global Delivery Bulgaria Center- HPE Gives Platform
Republic of Bulgaria, Ministry of Labour and Social Policy
Sofia University, Faculty of Economics and Business Administration
Partners
