Call for proposals EaSI 2017 - Transaction cost support for social enterprise finance VP/2017/013 Closed!

Objectives

The objective of the call is to test a transaction cost support scheme in the form of a grant to be combined with financial instruments as a means to address the mismatch of needed and sustainable ticket sizes. More particularly, it aims at catalysing smaller risk-capital investments of below EUR 500 000 that otherwise would not happen.

Actions

Activities related to the preparation, conclusion and follow-up of long term risk capital investments into social enterprises may be funded under this call for proposals. This may include activities such as:

  • travelling to meet (potential) investees;
  • screening and processing investment applications;
  • preparing legal documents, potentially with a lawyers' advice;
  • carrying out the due diligence, including assessing (potential) impact;
  • providing investment readiness, scaling readiness or business restructuring support;
  • bringing in co-investors;
  • managing the investments and monitoring social impact.

European community funding

The Community provisional funding available for the call for proposals is:

  • 3,00 Million EUR (Global Budget)

All the important deadlines

  • 15 July 2017 - almost two years ago (Deadline for the presentation of proposals)
  • 01 December 2017 - more than one year ago (Deadline for the presentation of proposals)
  • 15 April 2018 - one year ago (Deadline for the presentation of proposals)

Further information about the call

Official webpage of the call

Useful documents

  • Call for Proposals (Legal base)

Organisations eligible to participate

Opened to the following bodies or institutes with legal status established in the covered areas:

  • Any legal organisation

Covered areas

Bodies or institutes must have their registered legal seat in one of the countries taking part in the Programme which are:

  • European Union (EU)

Directorate-Generale responsible

Directorate-General for Employment, Social Affairs and Equal Opportunities

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