Once projects have been granted accreditation as a Social Innovation and Social Entrepreneurship Initiative (SISEI) by the Portugal Social Innovation Mission Unit (EMPIS), the Social Innovation Fund may provide financing, with the following goals in mind:
PROVIDE CONDITIONS TO ENSURE THE SUCCESS OF THE SISEI
Ensure support in the seed, consolidation or expansion stage of projects that offer innovative initiatives and solutions to tackle social problems, based on their sustainability and impact potential.
OFFER BETTER FINANCING CONDITIONS FOR PROJECTS
Organizations promoting SISEI will have less risk and easier access to credit, thereby improving the financial sector’s response to the specific financing needs of the social economy and social impact sector. This, in turn, will help drive social entrepreneurship and the impact economy in Portugal.
ATTRACT INVESTORS AND STIMULATE THE IMPACT INVESTMENT SECTOR, BY OFFERING ATTRACTIVE INVESTMENT CONDITIONS
By granting financial support for equity and quasi-equity co-investment operations.
INVESTMENT DOESN’T ONLY SEEK FINANCIAL RETURN, IT ALSO SEEKS SOCIAL RETURN
We strive to create the cornerstone to stimulate the impact investment sector in Portugal, which is booming worldwide.
We foster positive and lasting social transformation, inherent in Social Innovation and Social Entrepreneurship Initiatives.