Baltic Innovation Agency

SoFiMa

The main goal of the project “Kick-starting the nascent social finance market in Estonia” (SoFiMa) is to achieve cooperation between various sectors and stakeholders in developing the current situation of social entrepreneurship in Estonia. The project ends with the signing of a memorandum between the parties, which agrees on the future of financing opportunities for socially responsible companies in Estonia.

Project name:
Kick-starting the nascent social finance market in Estonia
Acronym:
SoFiMa
Funding:
European Commission

Contact:

Mart Veliste
Project manager
mart@bia.ee

Project partners:

Tallinn University
Development Centre of Võru County
Estonian Social Enterprise Network.
The project is also supported by AS SEB Bank and startup accelerator Buildit.

The project is co-financed by the European Commission through the Employment and Social Innovation “EaSI” 2014-2020 programme – Actions to boost the development of finance markets for social enterprises. One of the objectives of the EaSI programme is to promote employment and social inclusion by improving access to finance for social enterprises and supporting the development of the social enterprise finance market.