Unlocking EU Support for Microfinance and Social Economy

As part of the SIFTA program, on October 29th, during the annual Finance Social Vibe conference, a session titled Navigating EU Instruments and Programmes for Microfinance and the Social Economy took place. It was one of four sessions under SIFTA brand.

During the session, financial service providers, microfinance practitioners, as well as creditors and investors, received an update on various EU instruments and programs designed to support microfinance and social enterprise finance providers.

The session also included recent updates on existing and planned initiatives from DG Employment, the European Investment Bank (EIB), the European Investment Fund (EIF), and the Council of Europe Development Bank (CEB).

Additionally, Banca Etica shared insights on support received from the EIB, which includes funds aimed at empowering women-led small businesses, supporting projects in cohesion regions, and enhancing services and economic opportunities for refugees. Furthermore, the EIB will provide Banca Etica with technical assistance through financial backing from the InvestEU Advisory Hub.

The recording of the session will be avaiable soon on our website!