The Beyond Capital project aims to reduce the risk of failure for social economy startups. The project supports social entrepreneurs and early-stage managers in developing robust financial planning and provides them with all the tools needed to create an effective financial function. Additionally, the project disseminates in-depth knowledge of both traditional and innovative financial and banking instruments that address the specific needs of social enterprises and nonprofit organizations.
Goals
- Reduce the risk of failure for newly established social economy enterprises, the economy that works for people.
- Provide advanced financial training for social entrepreneurs and managers working in social enterprises, cooperatives, and nonprofit organizations, combining the knowledge needed for business management with financial skills.
- Disseminate advanced knowledge on funding opportunities and promote sustainable financing options for social enterprises.
- Promote a sense of initiative and entrepreneurial culture, understood as the ability to act innovatively and proactively, especially in financial planning and management.
Results
- Support the social economy ecosystem by providing a research report titled “Multi-Method, Iterative, and User-Centered Needs Assessment for the Next Generation of Social Enterprises.”
- Encourage and enhance social entrepreneurs’ existing knowledge in financial skills and sustainable financing tools and resources.
- Promote and enhance proactive attitudes and approaches in implementing the financial function within early-stage social enterprises.
- Provide early-stage entrepreneurs and managers with advanced financial and budgeting know-how to make their social enterprises more sustainable and high-performing.
- Provide assistance and support materials to early-stage entrepreneurs and managers to build a strong financial function and make their social businesses more sustainable and high-performing.
- Transfer solid knowledge, share insights, experiences, methodologies, metrics, and practical perspectives on social and sustainable finance for trainers, teachers, mentors, coaches, and educators, providing the “Open Guide for VET Providers.”
Project in collaboration with
