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DelFin - Development of Financial Ecosystems for the Promotion of Social Entrepreneurship in Rural Regions

23/09/2019

Interreg Central Europe project Development of Financial Ecosystems for the Promotion of Social Entrepreneurship in Rural Regions is motivated by the social challenges that European rural regions are currently facing, such as brain drain, unemployment and aging of the population.

 

The main objective of the project is to promote social entrepreneurship in rural regions with special transformation challenges to advance economic and social innovation. The specific objective is to improve funding for business support structures for social entrepreneurship and further develop finance and funding instruments for social enterprises. The project will facilitate cooperation process of regional and local stakeholders in the financial ecosystem for social entrepreneurship in a rural environment.

The project consortium includes eight project partners from Germany, Hungary, Croatia and Italy working on improving the conditions in the rural regions of Saalekreis (DE), Hajdú Bihar (HU), Duga Resa (CR) and rural areas in the Piedmont Region (IT). They work together to enhance funding for business support structures for social entrepreneurship and to further develop finance and funding instruments for social enterprises.

The project will allow a transnational mutual learning process of partners with different experiences, but similar challenges. During this project the partners will:

  • develop a toolbox for promotion of social entrepreneurship in rural areas;
  • implement four pilot projects for testing toolbox for promotion of social entrepreneurship;
  • implement eight capacity building seminars with focus on municipalities and finance institutions;
  • carry out four action plans for promotion of social entrepreneurship in rural regions to ensure sustainability and mainstreaming of project results.

The implementation of project activities is planned for the period of April 1, 2019 to March 30, 2022, with a total budget of 1.9 million EUR funded by Interreg Central Europe as part of the European Regional Development Fund.

Partners at a glance:

  • Development Bank of Saxony-Anhalt and Merseburg Innovation and Technology Center (DE);
  • Hajdú-Bihar County Government and IFKA Public Benefit Non-Profit Ltd. for the Development of the Industry (HU);
  • Town of Duga Resa and Brodoto (CR);
  • Giacomo Brodolini Foundation and Finpiemonte (IT).

More information about the project can be found on the official project website and the related social media channels:

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