Social Finance in Europe: The Transition from Grants to Follow-Up Financing for Social Enterprises
Abstract
A large number of social enterprises (SEs) use grants as early-stage financing to establish their ventures. However, we know little about the requirements for SEs to receive grants and their follow-up financing opportunities. Based on an interview study with 13 European SEs, we show that SEs need to go through a resource-intensive application process to be able to receive a grant. To finally receive a grant, we find that nonfinancial aspects...
Paper Details
Title
Social Finance in Europe: The Transition from Grants to Follow-Up Financing for Social Enterprises
Published Date
Jan 1, 2020
Pages
251 - 275
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