Invest and scale for impact!
Would you like to deploy your capital in a meaningful way and achieve measurable positive impact alongside a financial return? Or are you an early-stage European social enterprise seeking capital to scale and thrive? Our European Social Innovation and Impact Fund (ESIIF) provides a unique opportunity to build bridges for impact between investors and investees. It is the first ever impact fund in Germany to receive the EaSI guarantee, an effective de-risking mechanism that makes the ESIIF particularly interesting for newcomers in impact investing or philanthropic funders seeking to engage in a diversified portfolio of early stage social enterprise investments.
Why to engage in the ESIIF
Impact investing made easier
FASE initiated the ESIIF and teamed up with avesco Financial Services and the European Investment Fund (EIF) to open up this new impact investing path for German semiprofessional and professional investors. The combination of features is unique for a German impact fund. It has been specifically created to provide European social enterprises in early stages with enough capital to scale their innovative solutions. The mission behind ESIIF is to create a strong boost for the social finance ecosystem and overcome persistent hurdles. FASE’s long-term expertise is an important element in making this happen. Our experienced team ensures a careful selection of investment-ready, impactful social enterprise targets for the ESIIF. Avesco, a seasoned financial service provider in the area of sustainable investing, will act as the fund’s manager. Another important partner is the European Investment Fund, who provides the fund with the so-called EaSI Guarantee mechanism as part of the European Union’s initiative to support social enterprises in their role as agents of innovation. Curious to learn more? For German-speaking investors, the official ESIIF website is here.
What makes the ESIIF special
With the ESIIF, we have created a unique combination of features that can build strong financial bridges between investors and social enterprises. Thanks to the EaSI Guarantee, initial losses from investments in social enterprises will be covered up to 80% individually, with a limit of 20% of the total invested capital of the fund. This mechanism effectively overcomes a systemic hurdle that has been preventing sufficient capital flows to European early-stage social enterprises to date. In addition, the ESIIF will invest alongside experienced direct investors, provide mezzanine capital to around 60 select social enterprises and offer two tranches – junior and senior – with different risk-return profiles to potential investors. Are you curious to find out more? Here come the most important features at a glance:
Eager to learn more about the ESIIF?
The ESIIF is a closed-end, so-called “Spezial AIF” according to § 2(4) of the German KAGB and is only available to professional and semiprofessional investors domiciled in Germany. If you are interested to learn more, please get in contact with us:
- Dr. Markus Freiburg, Founder & Managing Partner: firstname.lastname@example.org
Do you want to know who is behind FASE? Meet our highly experienced team.
Are you new to impact investing? Maybe you would like to have a sneak peek into the topic by participating in our regular online Impact Investing Hangouts. Just contact our Investor Relations Manager Magdalena Keus. Alternatively, we have many insightful articles and reports available for you in our library. Get ready to take the first step into the world of social finance and impact investing with us!
Are you a social entrepreneur seeking capital?
The ESIIF is a matching fund: If certain criteria have been met, the fund can double the financing amount that an early-stage social enterprise receives from one or several direct investors. First, there needs to be a collaboration with FASE in place. How exactly our experienced team works with social entrepreneurs and which value we can add is explained here.
“The unique set-up and co-investment from the ESIIF have provided us with the necessary boost to follow our scaling plan and to close our ongoing financing round at the initial target. For us as a European impact start-up that delivers results outside of Europe, the fact that the ESIIF targets our stage of development and is agnostic in terms of geographic focus and sector is something you rarely find in the financing world.“
Lennart Budelmann, aQysta
To apply for matching funds provided by the ESIIF, it is necessary for social enterprises to comply with the fund’s investment criteria. The most important criteria are illustrated below: