Actions to boost the development of finance markets for social enterprises

Call updates

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.