SOFIGREEN. An European project to support green transition of social economy enterprises and entrepreneurs

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Italian United Kingdom France Spain

SOFIGREEN, a project co-funded by the European Commission under the SMP-COSME-2022-SSE Call of which the MeSSInA Foundation is the leader partner, started on October 2023 for a 24 months contract.

The main objective of SOFIGREEN is to support the greening of processes and activities of social and solidarity economy enterprises through the following types of actions: improving their investment readiness, their access to finance and their multi-stakeholder and multi-level cooperation network.

The project brings together a wide variety of organizations, from social finance intermediaries to philanthropic foundations from 3 advanced social economy areas (Auvergne-Rhone-Alpes in France, southern Italy regions and Andalusia in Spain), to create an ecosystem where investment opportunities match the needs of social economy enterprises.

SOFIGREEN‘s action plan entails first of all the co-design of a capacity-building package for social economy enterprises that addresses: the identification and assessment of skills, infrastructures and related investment needs necessary to achieve long-term climate objectives; the economic and financial planning required to realise these investments; access to funding opportunities and multi-stakeholder and multi-level cooperation practices. Then, two capacity-building courses (one for start-ups and one for growth enterprises) will be delivered in the target areas (Italy, France and Spain) by selecting a minimum of 90 enterprises.

At least 60 of them will then receive further financial support and coaching to improve their investment readiness and ecosystem approach, eventually accessing the necessary funding for their ecological transition. To further ensure the achievement of this objective, the consortium will discuss and co-design financial instruments suitable for SMEs and launch a European Venture Philanthropy Fund interconnected with a network of local funds and financial intermediaries. Cross-border cooperation will be developed through six transnational sessions.

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Co-funded by the European Union. Views and opinions expressed are however those of the authors only and do not necessarily reflect those of the European Union or EISMEA. Neither the European Union nor the granting authority can be held responsible for them.

News and Updates

22 Marzo 2024

The selection will start in May

At least 90 social and solidarity economy enterprises will benefit from the Capacity Building training package specifically outlined by SOFIGREEN partnership to support the strengthening of their environmental performance. Later, at least 60 out of 90 will receive further financial support through grants and coaching to improve their capacity to ...

20 Febbraio 2024

Participation and holistic approach. Medwaves leds the co-design of Capacity-Building training

The Capacity-Building initiative led by Medwaves is characterized by a comprehensive approach to promote the growth and sustainability of small enterprises in the social economy, whether start-up or at growthstage, and consists of a few fundamental steps designed specifically to empower them. MedWaves has an extensive experience in the design ...

23 Gennaio 2024

The partnership, a transnational network of excellences

The SOFIGREEN partnership brings together social innovation clusters, civil society organizations and philanthropic foundations from three advanced social economy areas (Auverghe-Rhone-Alpes in France, southern Italy regions and Andalusia in Spain) together with EU social economy support networks. These are organizations characterized by complementary missions and expertise that can provide the ...

5 Gennaio 2024

SOFIGREEN supports the greening of processes and activities of social and solidarity economy enterprises (SSEE)

SOFIGREEN (Social Finance for Social Greening) is a project co-financed by the EU Commission under the SMP-COSME-2022-SSE (G.A. 101127346) focusing on supporting the ecological transition of social economy SMEs and entrepreneurs in the proximity and social economy ecosystem. It does so through two main tools: promoting multistakeholder and multilevel collaboration ...