Entrepreneurs have two more days to submit their files to a grant competition for the creation or development of social enterprises, within the project “We capitalize on the potential of civil society for the promotion and development of social entrepreneurship in the Republic of Moldova”, financed by the European Union and the Europe team.
The East European Foundation, with the support of the European Union and Sweden, announced at the end of October a grant competition for the creation or development of social enterprises. It aims to support civil society organizations in order to create and/or develop social businesses aimed at creating jobs and opportunities for the social-professional integration of vulnerable groups, which will subsequently contribute to the well-being of citizens and communities.
Through the grants offered in this competition, the following activities will be supported:
- Creation of viable and profitable social enterprises, which will ensure the reinvestment of profit in the social entrepreneurship business until reaching the optimal profitability threshold. Afterward, the profit will be directed towards directly supporting disadvantaged groups and solving social problems associated with these groups. The business idea must respond to a persistent social need in the community/region and will lead to its solution or the enterprise will employ people from disadvantaged categories (people with special needs, rural women, unemployed youth, ethnic minorities, freed people from detention facilities, etc.)
- The development of social enterprises that bring direct benefits to disadvantaged groups, for example, people with special needs, women from rural areas, unemployed youth, ethnic minorities, people released from detention institutions, etc., or solve social problems associated with these groups.
The budget available for the grant competition
The total amount available for this grant competition is 375 thousand euros. The maximum amount offered per project will not exceed 25 thousand euros. The implementation period of the projects, financed under this grant competition, will not exceed 24 months.
Project proposals with the subject “Social entrepreneurship grant competition” will be sent by e-mail to firstname.lastname@example.org
The deadline for submitting project proposals is November 23, 2022.
More details about the grant competition can be found here!
According to the Law on Entrepreneurship and Enterprises, Article 362, a social enterprise is an enterprise established by public associations, foundations, religious cults, private institutions, and/or natural persons that carry out social entrepreneurship activities in order to solve some social problems of community interest and which meet the conditions established in this chapter. Insertion social enterprises are social enterprises whose purpose is to create jobs and hire, as a matter of priority, people from the disadvantaged categories of the population.
We remind you that starting January 1, 2022, with the financial support of the European Union and co-financing from Sweden, the East European Foundation in partnership with the Contact Center and Keystone Moldova implement the project “We capitalize on the potential of civil society for the promotion and development of social entrepreneurship in the Republic of Moldova”.
One of the project’s activities involves the creation of social enterprises or the development of existing ones, in order to increase the opportunities for the integration of vulnerable groups in the labor market and to create solutions for the long-term development of communities.
This material was produced with the financial support of the European Union and Sweden. Its content represents the exclusive responsibility of the project “We capitalize on the potential of civil society for the promotion and development of social entrepreneurship in the Republic of Moldova”, financed by the European Union and co-financed by Sweden, carried out by the East European Foundation in partnership with the Contact Center and Keystone Moldova. The content of the material belongs to the authors and does not necessarily reflect the view of the European Union.