Cross Sectoral

Karditsa Greece

Cooperative

Creation of a network of 10 banks and development agencies

Public Lighting

Establishment of a Guarantee Financial tool in Greece


PROJECT DESCRIPTION

Objectives:

The partner’s aim was to contribute to the development of a trust-based partnership model for social finance.

Characteristics:

The partner’s aim was to contribute to the development of a trust-based partnership model for social finance. The cooperative banks provide patient capital in the form of loans, tailored to the specific needs of social enterprises. At the moment, this capital is guaranteed by EIF. In the future the Greek Social Enterprise Guarantee Fund (SEE GR) will provide guarantees to the banks. Suitable social enterprise support organisations provide start-up, business development and social impact management support services, and accompany the loans extended with the guarantee of the Greek Social Enterprise Guarantee Fund (see.gr).

A Social Entrepreneurship Competence Centre:

  • is aligning the activities of the various partners through common rules,
  • ensures quality services through networking, training and advice, and
  • ensures quality management through monitoring compliance with agreed rules and standards

  • TECHNICAL & FINANCIAL DETAILS

    Financing scheme:

  • EaSI (Employment and Social Innovation)
    • The project SES net (2013-2015)
    • The project SEE GR (2016-2018)
  • Cooperative Banks
  • Volunteer Work
  • Phase:

    Completed



    KEY SUCCESS FACTORS (REPLICATION POTENTIAL)

  • The access to know – how, through the networking of the projects financed through EaSI
  • The established relations among the partners of the project