Financing social entrepreneurshipSocial Impact Investment Community Strategy for the Danube region
Social entrepreneurship has become increasingly relevant in today’s economy, and has also emerged among the Danube region. The Danube macro-region currently lags behind global trends in the field of social entrepreneurship and social impact investments (SII). The Social Impact Investment Community Strategy for the Danube region (SII strategy) developed in the frame of the project Finance4SocialChange aims at counteracting this trend. The SII strategy is a macro-regional strategy aiming at developing social impact investment markets by facilitating and boosting social impact investments but also strengthening and supporting the sustainability and scalability of social enterprises. This document targets primarily public authorities, policymakers and government agencies. However, it also addresses regional stakeholders including social enterprises, (impact) investors, financial intermediaries and business support organisations.
The SII strategy develops a vision for the Danube region for 2030, i.e. in a horizon of almost 10 years. To reach this vision, the Finance4SocialChange consortium is making 20 general and transnational recommendations for the whole Danube region at four different levels – decision making, social entrepreneurship, social impact investing and civil society – taking into account the diversity of the countries and their social impact investment markets within this macro-region. The recommendations also aim at supporting the development of public funds, tools and measures for financing social enterprises, increasing the resilience of social enterprises and make them more attractive for private investors in the COVID-19 and post-COVID era.
Read the document of the final strategie here.