What moves in Europe on social impact investments
The European Commission is investing in Social Impact Innovation and Investing, establishing:
– a regulatory framework;
– a certification and accreditation system for European social venture capital funds.
Furthermore, the aforementioned Commission has decided to set up a fund, called the European Social Investment and Entrepreneurship Fund (ESIEF), with an endowment of 90 million euros, which operates as a fund of funds and therefore allows capitalization, with the intervention of private investors, more funds throughout Europe specializing in SII.