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Actions to boost the development of finance markets for social enterprises
Details
Location:EU 27
Funding agency:
Grantmaking entity: European Commission Directorate-General for Employment, Social Affairs and Inclusion
Grantmaking entity type:Development Institution
Description
Call updates
27 February 2025
Evaluation Results
Call publication date: 05.12.2023
Call deadline date: 14.03.2024
Final distributed budget: EUR 3 486 988
Number of proposals submitted: 29
Number of inadmissible proposals: 4
Number of ineligible proposals: 2
Number of above-threshold proposals: 20
Below threshold: 3
Jan 18, 2024 4:01:19 PM
As previously announced, an info session on this call takes place online on 26 January, at 14:30-15:45 CET. If you wish to attend, please register via the following link: https://ec.europa.eu/eusurvey/runner/Registration-ESF-2023-SUPPLY-DEMAND. The info session will be recorded and accessible online afterwards.
Jan 8, 2024 8:41:40 AM
The call text has been updated, see version 2 below in the Topic conditions, point 5.
Jan 8, 2024 8:41:40 AM
The revised call text has been published on 05/01/2024.
Dec 21, 2023 8:45:40 AM
· A corrigendum of the call text will be published in January. This will clarify the annexes and remove the additional obligation for the legal representative (LEAR) of the coordinator to co-sign the following letters:
- A signed letter of commitment to invest/co-invest in the financial instrument to be established from the potential investor.
- A signed letter of commitment to provide business development/investment readiness services to (potential) investees from the support organisations.
· An update to the optional Memorandum of Understanding template has been published on 21/12/2023, towards a lighter template.
· Frequently ask questions will also be published in January 2024.
· An online info session on the call is planned on 26 January 2024 and will be announced on the portal
Dec 18, 2023 2:50:37 PM
Questions will not be answered during the EC holiday (21/12/2023 – 03/01/2024). In case of questions received during this period, an FAQ will be published in the first weeks of January 2024
Dec 5, 2023 12:00:00 AM
The submission session is now available for: ESF-2023-SUPPLY-DEMAND(ESF-PJG)
Actions to boost the development of finance markets for social enterprises
ESF-2023-SUPPLY-DEMAND
Programme: European Social Fund + (ESF)
Call: Call for proposals: Actions to boost the development of finance markets for social enterprises (ESF-2023-SUPPLY-DEMAND)
Type of action: ESF-PJG ESF Project Grants
Type of MGA: ESF Action Grant Budget-Based [ESF-AG]
Deadline model: single-stage
Opening date: 05 December 2023
Deadline date: 14 March 2024 17:00:00 Brussels time
ExpectedOutcome:
The expected result is the cooperation between public and / or private entities of any type with the aim to ease access to finance for social entrepreneurs and to develop the investment readiness of social enterprises to ensure social enterprises are able to take on repayable finance.
Scope:
The objective is to contribute to the development of feasible, suitable and reliable schemes or funds providing finance to social enterprises as well as support structures providing business development services and networking facilities to improve social enterprises' investment readiness. The objective of the call is also to identify, develop, promote and disseminate good practices in supporting social enterprises in accessing finance.Social enterprises are instrumental in the implementation of many of the European Pillar of Social Rights principles. In particular they play a key role in delivering the following European Pillar of Social Rights (‘EPSR’) principles: 3. Equal opportunities, 4. Active support to employment, 5. Secure and adaptable employment, 11. Childcare and support to children, 17. Inclusion of people with disabilities, 18. Long-term care and 20. Access to essential services.
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grant Background
About the Funding Agency
EuropeAid is an agency responsible for designing European international cooperation and development policy and delivering aid worldwide. Its purpose is to aid in the reduction and eventual abolition of poverty in developing nations by fostering sustainable development, democracy, peace and security. With its partner nations, EuropeAid walks alongside them on their journey to sustainable development, continually adapting its help to their changing requirements. EuropeAid is also concerned with increasing the value and impact of aid money by ensuring that help is provided appropriately.
Under the donor EC - European Commission, DevelopmentAid covers the following entities:
Departments / Directorate Generals
- AGRI - Agriculture & Rural Development
- BUDG - Budget
- CLIMA - Climate Action
- COMM - Communication
- CNECT – Communications Networks, Content & Technology (formerly Digital Agenda)
- COMP - Competition
- ECFIN - Economic & Financial Affairs
- EAC - Education & Culture
- EMPL - Employment, Social Affairs & Inclusion
- ENER - Energy
- ENV - Environment
- ESTAT - Eurostat
- FISMA – Financial Stability, Financial Services & Capital Markets Union
- SANTE - Health & Food Safety
- ECHO - Humanitarian Aid & Civil Protection
- HR - Human Resources & Security
- DIGIT - Informatics
- GROW - Internal Market, Industry, Entrepreneurship & SMEs
- DEVCO – International Cooperation & Development - EUROPEAID
- SCIC - Interpretation
- JRC - Joint Research Centre
- JUST - Justice & Consumers
- MARE - Maritime Affairs & Fisheries
- HOME - Migration & Home Affairs
- MOVE - Mobility & Transport
- NEAR – Neighbourhood & Enlargement Negotiations
- REGIO - Regional & Urban Policy
- RTD - Research & Innovation
- SG – Secretariat-General - no procurement opportunities available
- FPI – Service for Foreign Policy Instruments
- TAXUD - Taxation & Customs Union
- TRADE - Trade
- DGT - Translation
Agencies
- European Centre for Disease Prevention and Control
- Eurojust
- European Food Safety Authority (EFSA)
- European Chemicals Agency (ECHA)
- European GNSS Agency (GSA)
- European Union Agency for Network and Information Security
- The European Joint Undertaking for ITER and the Development of Fusion Energy ("Fusion for Energy")
- European Union Agency for Fundamental Rights
- European Stability Mechanism (ESM)
- Consumers, Health, Agriculture and Food Executive Agency (CHAFEA), Health and Food Safety Unit
- European Maritime Safety Agency (EMSA)
- European Fisheries Control Agency
- Single Resolution Board
- Office of the Body of European Regulators for Electronic Communications (BEREC Office)
- The Executive Agency for Small and Medium-sized Enterprises (EASME)
- European Asylum Support Office
- European Union Intellectual Property Office
- European Union Agency for Railways
- European Environment Agency
- European Agency for the operational management of large-scale IT systems in the area of freedom, security and justice (eu-LISA)
- Education, Audiovisual and Culture Executive Agency (EACEA)
- European Defence Agency
- EU Grant Programmes
EU Bodies
- European Parliament
- Council of the European union
- Court of Justice of the European Union
- European Court of Auditors
- European Economic and Social Committee
- European Committee of the Regions
- Publications office of the European Union
- European Patent Office
- European External Action Service
- Agency for the Cooperation of Energy Regulators
- Energy Community Secretariat
About the Sectors
Social Development
Includes measures for improving well-being, inclusion, and resilience of individuals and communities through social services and protection systems.
Key areas:
- Social inclusion and social cohesion programs
- Social protection systems and safety nets
- Social care services
- Community development and vulnerable groups support
Private Sector & Trade
Entails initiatives that promote entrepreneurship, strengthen competitive markets, and expand domestic and international trade opportunities.
Key areas:
- Private sector development and SME/MSME support
- Entrepreneurship, start-ups, and business growth initiatives
- Trade facilitation, import/export, and market access
- Commerce, retail/wholesale, and free trade mechanisms
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