Call for proposals EaSI 2018 - Transaction cost support for social enterprise finance VP/2018/017 Open!

Objectives

The objective of the call is to develop the social enterprise finance market. It will catalyse risk capital investments below EUR 500 000 that otherwise would not happen in the area of social finance, by supporting transaction costs linked to these investments. This transaction cost support scheme takes the form of a grant and can be combined with financial instruments as a means to address the mismatch of needed and sustainable ticket sizes.

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 a mix of 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 of the investment;
  • 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

  • 21 March 2019 - in 3 months (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

Related calls for proposals

Related calls

Explore other programmes