Investment Plan helps Dutch fund to raise close to €100 million for social entrepreneurs
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
