EVPA’s 8th EU Webinar took place on the 23rd of November 2016.
Since EVPA’s first webinar on how VP/SI practitioners can access EU funding, the European landscape has evolved significantly with the launch in summer 2015 of the ‘European Investment Plan’, also called the ‘Juncker Plan’. Since October 2016, the Plan’s first pillar (EFSI) also offers a set of equity instruments, referred to as “EFSI Equity for Social Impact”, which are specifically designed to support social entrepreneurship and social impact investors.
(Please note that the first couple of minutes of the webinar are missing – our apologies!)
The PowerPoint presentation of this webinar can be downloaded at the bottom of this page.
Implemented by the European Investment Fund (EIF) and providing at least EUR 150m to social enterprises and sector social organisations which are located or active in EU Member States, EFSI Equity for Social Impact will directly target financial intermediaries linked to incubators, accelerators or incubation services, business angels supporting social enterprises in their early and expansion stages, as well as payment-by-results schemes targeting social enterprises and social sector organisations delivering social impact. Financial intermediaries are invited to express their interest to be part of this framework by 5 May 2018 (here). Specific guidance for social impact investors is also available here.
Together with some key initiatives launched under the European Programme for Employment and Social Innovation (EaSI), such as the EaSI Guarantee Financial Instrument whose capacity is to be doubled thanks to EFSI, as well as the Social Impact Accelerator (or SIA, a fund of funds managed by the EIF), the new social impact pilots instruments launched under the EFSI Equity Product are yet another strong sign of the continued commitment of the EU to support social entrepreneurship.
How does EFSI Equity for Social Impact work in practice? What are the eligibility and application criteria? How do these innovative equity instruments complement other funding instruments currently available to support the work of VP/SI practitioners? These and other questions were answered during EVPA’s 8th EU Webinar, “EU Funding Update for VP/SI Practitioners – EFSI Social Impact”.
Gathering key experts from the European Commission and the European Investment Fund, this session took place on the 23rd of November 2016.
Download useful informationEVPA EU Webinar #8 Presentation | EU Funding Update for VP/SI Practitioners: EFSI Social Impact - pdf 3.15 MB
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