SI² Fund welcomes Pieter Oostlander, founder of Shærpa and EVPA’s current Chairman, who will be the fund manager together with Fried Roggen (i-propeller). Follow-on fund raising rounds are planned later in the year to further increase the fund size to above €20 million.
SI² Fund does active direct investment in social enterprises that generate a significant positive societal impact and fair financial return. The fund is supported by private investors and foundations from Belgium and the Netherlands with Piet Colruyt as cornerstone investor.
SI² Fund was created in 2012 and focuses on solving societal challenges in the area of poverty, demography, community, ethical goods and services, health and well-being, employability, and environment. The fund invests amounts between €250k and €1,500k in early-stage and growth-stage equity of investment-ready social enterprises.
SI² Fund has so far invested in four social enterprises: FitClass (exercise and health centers based in schools), Boobs-‘n-Burps (community and one-stop-shop dedicated to the promotion of breastfeeding), Cirkle (home delivery of bio baskets with reverse logistic and charities collection services), and Spacehive (civic crowdfunding platform in the UK).
Ask more info about this article