SOCIAL IMPACT FUNDS
The countries of Central & Eastern Europe (CEE) are facing immense social challenges – national, regional, and global in scope. To effectively tackle them, it is crucial to:
- Cooperate between sectors: public, private and social;
- Increase the amount of private capital supporting the social sector and ensure that these resources work effectively;
- Create innovative mechanisms that will provide strategic, long-lasting and systemic solutions to key social issues affecting our region
Social Impact Funds, for which we were noticed and appreciated by the UN, are a great mechanism to achieve a true impact and finance social solutions in an effective way.
HOW DO SOCIAL IMPACT FUNDS WORK?
It is a cooperation between a social investor (one or many businesses, institutions or individuals), NGOs engaged in the process and Social Impact Alliance for CEE. As the Fund’s management house, we:
- help you identify social areas most suited for your business
- verify a bottom-up understanding of root causes
- find impactful solutions to selected social challenges
- set clear goals, measures of success, resources needed, timing
- develop a fund structure, e.g. investment committee
- find and contract social partners, perform due diligence
- run the entire process
- report throughout the process and after its completion
BENEFITS OF THIS APPROACH
BENEFITS OF THIS APPROACH
CURRENT CALLS
EDU 1.0 FUND
The Fund was created to lower the competence gap on the market. It was built for Poland but can be easily replicable to other CEE markets. Benefits for business: staff educated in profiles in line with the business needs, lower recruitment costs.
