Sport for Good

Social Financial Trophy

Good people from the financial world gather every year at the Social Financial Trophy to support the social economy. Social entrepreneurship is a way of doing business closer to people, and social entrepreneurs are the visionaries who do things differently. The first condition for them to bring change to the community is financial stability.

COMMON CAUSE

Social Financial Trophy, 1st edition

The Social Incubator Association and the Social Finance Association organize a charity tennis tournament dedicated to involving institutions from the financial-banking sector in supporting the social economy sector and removing financial barriers. May 6-8, 2022, Pescariu Sports and Spa

WHY WE DO THIS

Social entrepreneurship is a phenomenon that can bring the business world closer to people, and social entrepreneurs are visionaries who do things differently. And because the first step for these entrepreneurs to bring change lies precisely in financial stability, The Social Incubator Association and the Social Finance Association & AFIN organize a charity tennis tournament dedicated to involving institutions from the financial-banking sector in supporting the sector with social impact.

The Social Incubator Association

The mission of The Social Incubator Association is to identify and implement innovative social solutions and to bring positive and sustainable change to society by offering concrete chances at an independent and dignified life to people in at-risk situations in Romania.

The organization's main purpose is to support young people in at-risk and vulnerable situations to make the transition (otherwise very difficult and riddled with risks) to adult life in a way that showcases their abilities and ensures their independence.

In our activity, we have developed social entrepreneurship initiatives and acted as a social incubator, by actively supporting the efforts of social entrepreneurs to develop projects and programmes with real and sustainable impact.

www.asociatiasocialincubator.org

The Social Finance Association / Asociația pentru Finanțare Socială by AFIN IFN S.A. was born with the aim of complementing AFIN's financial pillar with specialized assistance and know-how in the field of social financing. The association aims to support local entrepreneurs in overcoming financial barriers, through financial education and consultancy for easier access to financing.

SFA is an associate member of the European Federation of Ethical and Alternative Banks (FEBEA).

SFA is a trusted partner of social entrepreneurs, to whom it offers an integrated package of services

Programmes for improving managerial capabilities and financial education

Financing, co-financing or co-guaranteeing financial products and projects intended for the social economy sector

Providing technical support in order to facilitate access to financing for social economy enterprises

Granting non-reimbursable grants

Supports the creation and capitalization of social investment funds (ethical funds, social innovation funds and social venture capital funds) by acting as a co-investor

Lobby and advocacy at local, national and European level in the field of social financing, of financing solutions suited to the social economy, and for tax incentives for social investors.

Developing partnerships between actors of the classic economy and those of the social economy.

https://www.afin.org.ro/despre-sfa/

WHAT WILL WE DO?

This charity sporting event is an effort to raise awareness in the field of social entrepreneurship and social financing. Through the involvement of the financial-banking community, we aim to support local social entrepreneurs in overcoming the financial barriers and challenges they face.

HOW?

Developing partnerships between actors of the classic economy and those of the social economy.

The tennis tournament will bring together over 100 people, professionals from the financial-banking field and local social entrepreneurs

A programme of financial education and consultancy for social entrepreneurs, through volunteering actions of employees from financial-banking institutions

An online event dedicated to social entrepreneurship with impact, to support local social entrepreneurs in overcoming financial barriers