Deadline: 3 March 2017
Applicants are invited to apply for ERSTE SEEDS programme to the development of Hungarian social enterprises, which aim to improve equality of life-chances and quality of life through their activities.
The involved social enterprises receive a customized, multistage development. The most promising enterprises can receive non-refundable sources (seed grants), build relationships with investors and be prepared for bank loans.
ERSTE SEEDS is a one and a half year incubation programme. The programme is a common initiative of the Social Banking Development department of Erste Group, ERSTE Stiftung and Erste Bank Hungary.
Benefits
- Access to series of practice-oriented training (e.g. fine tune their social business model)
- Access to the help of experts in social enterprise development (e.g. 1:1 consulting)
- Access to the experience of similar organizations (e.g. networking)
- Access to significant non-refundable sources (Seed Grants up to 240.000 EURs altogether)
- Further fundraising opportunities (e.g. impact investors)
Eligibility Criteria
Enterprises or individuals with social business ideas, whose social commitment is ideally proven within their target group and / or products, services, and as well their financial sustainability.
Obligations
Commitment to the successful implementation of the social goal and business activities, willingness to develop, active participation in the programme (receiving support for up to 36 months), disciplined implementation of the tasks with respect to the deadlines.
How to Apply
Applicants can apply by filling out the application form and sending it at the address given on the website.
Eligible Country: Hungary
For more information, please visit ERSTE SEEDS Programme.