Following the successful completion of the 3rd financing call, Co-Fund continues to seek ways to improve its operations, always aiming at the greatest possible benefit for the Social and Solidarity Economy (SSE) sector in Greece. In this direction, our team is already working on and preparing a set of measures and initiatives for the coming months.
In this context, Co-Fund announces a new framework for the submission and evaluation of financing applications. The main feature of this change is the ability for interested SSE ventures to submit a financing application at any time, as Co-Fund is abandoning the model of fixed financing calls that it has followed until now. From now on, each approved financing application will proceed directly to implementation, provided that Co-Fund’s available financing capital at that time allows it. In case of a temporary lack of funds, the existing procedure remains in place, according to which approved applications will be implemented once the required amount has been raised, following the order of priority determined by the members of Co-Fund’s funding community.
In this way, Co-Fund reduces the response time to the actual financing needs of SSE ventures, while at the same time enabling the ventures seeking funding to contribute to the growth of our funding community and, consequently, to the faster accumulation of the funds they require.
All details of the new framework for submitting and evaluating financing applications can be found in the revised Rules of Procedure of Co-Fund.
For further clarifications or financing applications, please contact us at [email protected]
