About The Project
To achieve this, we will engage with local social investors, social entrepreneurs, social purpose organizations, impact funds, as well as partner organizations in Eastern Partnership countries, and share the knowledge and experience of its broad community. The project will also provide financial support to establish venture philanthropy funds in the region.
The project will include specific program components focusing on Armenia. In partnership with the Armenia EU Delegation, we aim to increase the level of skills and business competencies among social enterprises and civil society organizations and provide access to funding, including through an Emergency Covid-19 Relief Fund for social enterprises, incubation and acceleration programs, as well as social innovation competition events to promote new social business models.
Overall, 300+ civil society organizations and social businesses are expected to be directly or indirectly involved in the project activities over the five years.
Impact Hub Yerevan
Impact HUB Yerevan in Armenia was established in 2016 and is a part of a global movement of 100+ Impact Hubs around the world. Since its establishment Impact Hub Yerevan has designed and implemented 20+ programs, hosted over 400 educational workshops and events, and now hosts over 220 members with over 100 projects/organizations representing every sector in Armenia.
It provides its entrepreneurs and innovators with networking opportunities, resources, educational programs and events all within an inspiring space. Impact HUB is also a social innovation incubator and has multiyear experience in designing and leading incubation and acceleration programs, where through education, networking opportunities and access to different resources they support social projects through the stages of ideas to implementation to impact.
The European Venture Philanthropy Association (EVPA) is a lively community of organizations sharing the same vision and a common goal: creating positive societal impact through the practice of investing for impact.
Established in 2004 and based in Brussels, EVPA is proud to have initiated this movement in Europe. Over the years, they have been contributing to a thriving impact ecosystem and a growing market engaging social investors, foundations, corporations and policymakers in supporting social innovators and maximizing their impact.