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ESF+ – Call for proposals Actions to boost the development of financed markets for social enterprises – 2023

European Social Fund + - The European Social Fund+ is the main EU instrument to invest in human resources and to implement the European pillar of social rights.

2024-03-14
3.4 million euro
Open

Appeal framework

Call reference ESF-2023-SUPPLY-DEMAND
Program European Social Fund + (ESF)
Institution European Commission
Sectors Business & Industry Cooperation & Development Employment Finance Research & Innovation Services to organisations Technology & Digital
Beneficiaries Association & NGO EU & International Organisation Financial Institution Large company (> 250 employees) Professional organisation & network Research centre & university

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Call reference

ESF-2023-SUPPLY-DEMAND



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Priorities and funded actions

Objectives

  • To develop social enterprise finance markets by bringing together the supply and demand side actors to facilitate the creation of financial instruments and to prepare social enterprises for investments
  • To mobilise key partners (potential investors, financial intermediaries, support organisations and stakeholders) to cooperate
  • To identify, develop, promote and disseminate good practices in supporting social enterprise finance

Among financed actions

  • Analytical activities such as in-depth market assessments, mapping projects,assessment of feasibility and suitability of setting up social finance mechanisms/instruments, design of methodologies, tools, processes
  • Communications/networking actions aimed at bringing in additional investors
  • Training activities and capacity building actions
  • Knowledge dissemination and know-how transfer from and to peers
  • Replication or adaptation of proven financing or support models
  • Work of financial experts and lawyers to draft the legal documents
  •  IT services in case the financial instrument uses web-tools or is based on a web platform

Additional information

  • This call for proposals is an open call for proposals.
  • Initial duration of the action: between 24 and 36 months
Financement
  • Total budget of the call: 3.4 million euro
  • Amount of the grant: between 300.000 and 400.000 euro
  • Co-financing rate: 85% of the total eligible costs

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