Building new 
impact 
markets 
together 

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Our collaborative work building new markets in the Eastern Partnership countries and the MENA region currently spans over twelve countries. It’s a pioneering effort, made possible through EU funding,  aimed at setting up first impact funds and building an expansive impact ecosystem where our community thrives.

Key highlights 

It has been an interesting journey, and we take pride in some of our main achievements: 

VIA Fund
the first impact fund in Armenia

Social Venture Fund in Ukraine

Actio
the first impact fund in Georgia

Impact in the Neighbourhood: creating synergies

Our market building projects

 

Collaborate For Impact

With funding from the EU, we started our five-year-project in Eastern Europe back in 2020. Since then, we have made big strides in raising awareness, promoting social innovation and engaging in dialogues with various policy and decision-making stakeholders in Armenia, Ukraine, Georgia, Azerbaijan and Moldova. 

Impact Together

Our most recent project started in 2023 in the MENA-region, aiming to develop the social economy and to champion impact investing in Morocco, Tunisia, Algeria, Egypt, Palestine, Lebanon and Jordan. It’s a true collaborative effort in driving impact further and wider.

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Our Partners

To implement our market building efforts on the ground, in addition to the EU, we have partnered with a growing list of invaluable partners.

In the Impact Togther! project in the MENA region, they are:
Hivos Foundation
Regional

Working hand-in-hand with EVPA at the regional level to bring its experience and expertise in direct engagement with impact businesses.

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Impact Partner
Tunisia

Building impact investor communities to mobilise local and diaspora resources; creating a sustainable flow of financing for impact businesses.

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BuildPalestine
Palestine

Mobilising local resources and decreasing reliance on aid and external funding; sharing solutions that work in a politically and economically challenging environment. 

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Happy Smala
Morocco

Developing a financing vehicle and offering financing to social enterprises; mobilising local donors and potential impact investors.

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Alfanar
Lebanon & Jordan

Strengthening activities in Lebanon, investing in promising impact businesses; establishing a local presence in Jordan, with first investments in Jordanian social enterprises.

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Enroot
Egypt

Focusing on investor networks and impact investment awareness, social entrepreneurship support and capacity building.

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In the Collaborate for Impact project in Eastern Europe, they are:
SILab Ukraine
Ukraine

SILab Ukraine aims to build the social entrepreneurship ecosystem in Ukraine. The organization works to develop entrepreneurship, investments and partnerships in Ukraine that will solve social problems through business methods. SILab achieves this by supporting social enterprises, advocating a supportive environment for social enterprises, fostering social investment practices and promoting social entrepreneurship as an innovative social change movement.

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Ecovisio
Moldova

Grassroots non-profit organization from Moldova, founded in 1999. Creating a vibrant community of changemakers by connecting more and more people who want to work on a prosperous future for the region.

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Center for Strategic Research and Development
Georgia

The Center for Strategic Research and Development of Georgia (CSRDG) was established in 1995 with a mission to promote good governance, stable and inclusive economic development, and the formation of an active civil society for the welfare of Georgian society. The Center works to develop Social Entrepreneurship, Corporate Social Responsibility and civil society organisations in Georgia. In the area of social entrepreneurship, CSRDG provides financial and technical support to social enterprises, promote the involvement of business in achieving sustainable development objectives and the concept of social entrepreneurship, and create an enabling environment for social enterprises.

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Education HUB
Azerbaijan

Education HUB is an innovative platform that brings together people who innovate in Azerbaijan society through socially responsible and sustainability initiatives. We have chosen an innovative approach based on education and social entrepreneurship as tools that have a direct impact. This includes a variety of areas where people can discover their abilities.

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Impact HUB Yerevan
Armenia

Impact HUB Yerevan in Armenia was established in 2016 and is a part of a global movement of 100+ Impact Hubs around the world. Since its establishment Impact Hub Yerevan has designed and implemented 20+ programmes, hosted over 400 educational workshops and events, and now hosts over 220 members with over 100 projects/organisations representing every sector in Armenia. It provides its entrepreneurs and innovators with networking opportunities, resources, educational programmes and events all within an inspiring space. Impact HUB is also a social innovation incubator and has multiyear experience in designing and leading incubation and acceleration programmes, where through education, networking opportunities and access to different resources they support social projects through the stages of ideas to implementation to impact.

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European Flag
This project is funded by the European Union. The Member States of the European Union have decided to link together their know-how, resources and destinies. Together, they have built a zone of stability, democracy and sustainable development whilst maintaining cultural diversity, tolerance and individual freedoms. The European Union is committed to sharing its achievements and its values with countries and peoples beyond its borders.