European Social Fund

Case study (SELFIEmployment, Italy)

This case study describes the SELFIEmployment financial instrument in Italy which provides financial support through micro and small loans at zero interest rate for people Not (engaged) in Education, Employment or Training (NEET) to enhance their self-employment and entrepreneurship initiatives, thus increasing their chances of being included in the labour market.

Supporting social investment: venture philanthropy perspectives

Opportunities exist for financial instruments to support social investment by working alongside venture philanthropy. This topic was discussed by delegates at our European Social Fund conference in Brussels earlier this year. Speaking during the conference, Madeleine Clarke from the European Venture Philanthropy Association (EVPA) noted that "philanthropy is not seeking financial advantage" and that "philanthropy can make useful contributions to social impact investments, particularly during the early development stages of investment projects where public or private investments may be limited in its ability to take risks."