Finance4SocialChange

Details



Leveraging Finance 4 positive Social Change

Social entrepreneurship (SE) has become increasingly relevant in today’s economic setting as social changes have mounted,(World Economic Forum, 2017) while at the same time, public funds in many countries are under pressure. The Danube region currently lags behind global trends in the field of SE and social impact investments (EVPA Annual Survey, 2016). Statistics show that only 2% of global social impact investment (with a potential for growth of up to 450 billion EUR by 2019) is targeted towards the Danube region social enterprises, compared to 78% reaching Western Europe. Evidence shows that in the Danube region, there is lack of "blended" financial instruments which would complement non-repayable grants with new forms of finance (venture capital, equity, impact investments microcredit, and fundraising). In addition there is a lack of impact investors and policies to support the improvement of social impact investment markets.

Finance4SocialChange brings together a multi-disciplinary quadruple-helix partnership of 14 partners from 12 countries, 6 ASPs from across Europe to deliver improved policy learning, and develops practical solutions on impact investing to better shape the regulatory framework for the proper functioning of the social financing sector in the Danube region. Finance4SocialChange works towards creating the first "Social Impact Investment Strategy for the Danube region"by paving the way for promoting more social innovations and social impact investment ready social enterprises. The project delivers 130 hours of "blended" learning experiences through the ”Social Impact Investment Transnational Design Academy”, and launches the first "Business Plan Competition" warm-up 2-stage investment ready competition", funded through EUR 200,000 investment capital. A mentorship pool, the "Social Impact Investment Community Council" will be established to provide mentoring to scaling up SEs, and will continue beyond the lifetime of the project by merging with GSEN.

Project co-funded by European Union Funds (ERDF, IPA, ENI).

The official project webpage is available HERE

International Relations
FAST FORWARD EUROPE- FFWD EUROPE
FFWD Fast Forward Europe is an initiative supported under the INTERREG EUROPE Programme that is designed to ensure competitiveness of small and medium-sized enterprises (abbreviated as SMEs).
Date of Project End:December 31, 2020
Participant:Small and medium-sized enterprises
Type:International
International Relations
CIREVALC
The CIREVALC project aims to introduce and disseminate circular economy models in regional value chains, mainly concentrated in the food, catering and packaging sectors. Our project aims to increase the use of circular economy models in the operation ...
Balogh-Tanka Eszter
Unnamed
Tel: +36706762215
Email: balogh-tanka.eszter@mgfu.hu
Date of Project End:February 28, 2026
Participant:Small and medium-sized enterprises
Type:International
International Relations
Greene 4.0
Smart and green innovation approaches for scaling up digital transformation opportunities in CE The manufacturing industry in central Europe is challenged by change. Global supply chains are increasingly disrupted and the green transition demands more ...
Schiffer Olivér
Unnamed
Tel: +36305528733
Email: schiffer.oliver@mgfu.hu
Date of Project End:February 28, 2026
Participant:Unnamed
Type:International
International Relations
WE.Circular
The WE.CIRCULAR project aims to provide professional support and present good practices of women entrepreneurs, who apply the circular economy model approach in their daily organizational operations. Our project also helps to promote, provide training ...
Janek Bence
project manager
Tel: +3613122213
Email: janek.bence@mgfu.hu
Date of Project End:June 30, 2026
Participant:Small and medium-sized enterprises
Type:International
International Relations
TEX-DAN
The textile industry is one of the three most polluting industries. A largely small and medium-sized enterprise sector lacks the knowledge and expertise to change and move to a circular economy. However, everyone - producers and consumers alike - must ...
Balogh-Tanka Eszter
Unnamed
Tel: +36706762215
Email: balogh-tanka.eszter@mgfu.hu
Date of Project End:June 30, 2026
Participant:Small and medium-sized enterprises
Type:International
International Relations
Circular Innovation Hub
The CI-HUB aims to improve the innovation potential of less innovative regions, regions with low innovation performance and weak innovation infrastructure, and largely non-urban industrial regions. The project aims to support circular transitions in the ...
Schweitzer Lili
International Project Officer
Tel: +36704762643
Email: schweitzer.lili@mgfu.hu
Date of Project End:June 30, 2026
Participant:Small and medium-sized enterprises
Type:International
International Relations
PROCAREFUL
The PROCAREFUL project is co-financed by the Interreg CENTRAL EUROPE program and the European Regional Development Fund. The lead partner of the project is I.S.R.A.A. from Italy, which implements the project in cooperation with partners from 8 Member ...
Janek Bence
project manager
Tel: +3613122213
Email: janek.bence@mgfu.hu
Date of Project End:February 28, 2026
Participant:Small and medium-sized enterprises
Type:International
International Relations
RaiSE
Enhancing social enterprises competitiveness through improved business support policies
Mészáros Anna
projektmenedzser
Tel: +3613122213
Email: meszaros.anna@ifka.hu
Date of Project End:August 31, 2022
Participant:Improved access of enterprises, including social enterprises working for society
Type:International
International Relations
SOCIAL SEEDS
Exploiting Potentials of Social Enterprises through Standardized European Evaluation and Development System
Mészáros Anna
projektmenedzser
Tel: +3613122213
Email: meszaros.anna@ifka.hu
Date of Project End:September 30, 2022
Participant:Social enterprises
Type:International
International Relations
REBORN Embracing failure to encourage entrepreneurship and competitiveness
REBORN is a 48-month initiative supported under the INTERREG EUROPE Programme.
Date of Project End:December 31, 2020
Participant:Small and medium-sized enterprises
Type:International
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