CAPACITY BUILDING FOR SOCIAL INVESTMENT
Finances the development of management skills to help social sector organisations successfully implement a social innovation project.
How it Works
This 18-month programme should include up to 5 different interventions in the following areas: a value creation model, impact Study, strategy, partnerships and growth, marketing, communication and fundraising, organisation, governance, leadership and human resources, financial, control and risk management, operations and IT management.
The allocated amount may be used to engage training consultancy services, mentoring or certified training initiatives.
If the application is approved, the real cost of the Assessment of Training Needs will be reimbursed up to an amount of EUR 5,000. Other capacity-building activities will be paid, at a previously determined amount, against delivery of the tangible products. In other words, except for the Assessment of Training Needs, expenses will be not be reimbursed, but, rather, payment will be made based on the outcome of the capacity-building process.
Payment of agreed amounts will thus be made once tangible products have been validated, without the need for submitting and validating expenses.