Financing for Social Impact - the Key Role of Tailored Financing and Hybrid Finance

This report by the European Venture Philanthropy Association (EVPA) examines the crucial role of tailored financing and hybrid financial instruments in achieving social impact. Developed in collaboration with the European Commission, the document provides recommendations on how to effectively allocate funding to support social purpose organizations (SPOs) and channel resources towards social entrepreneurship through de-risking mechanisms. It emphasizes that while EU funding is available, knowledge on its optimal implementation and tailored support for SPOs is vital for boosting jobs, growth, and addressing societal challenges, complementing existing research on impact management and non-financial support.