Investment Plan helps Dutch fund to raise close to €100 million for social entrepreneurs
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Backed by the European Fund for Strategic Investments (EFSI), the European Investment Fund (EIF) supports Rubio Impact Ventures in the Netherlands to increase its fund size to close to €100 million. This financing will allow the Fund to invest in enterprises that are pursuing explicit social and environmental goals. Rubio Impact Ventures follows a clear social mission, linking profit with purpose and supporting enterprises financially, which are looking to make a measurable and positive impact in line with the UN Sustainable Development Goals (SDGs). Paolo Gentiloni, Commissioner for the Economy, said: “Bright new ideas with a social mission need the right funding to get off the ground. With support from the Investment Plan for Europe, Rubio Impact Ventures in the Netherlands now has up to €100 million to give social enterprises a much-needed boost. A welcome contribution to building a more sustainable and socially inclusive economic model.” The press release is available here. The Investment Plan for Europe has so far mobilised €535 billion of investment across the EU