SOFIA is an integrated program seeking to act as a catalyser for the development of the social finance ecosystem in Romania
SOFIA is an integrated program seeking to act as a catalyser for the development of the social finance ecosystem in Romania. SOFIA provides tools and support for both the demand side and the supply side of social finance: 20 social enterprises will go through an investment readiness program with guidance from international and national mentors. At the same time, private and public investors active in Romania will participate in social impact trainings.
This integrated approach aims to create a community that will contribute to the creation of a social impact financial instrument in Romania.
And now… What?
If selected, you will be invited to an onboarding session on how to prepare for Organic Matching, how to use the incubation platform, its methodology and much more.
Start the structured online incubation with weekly activities and mentorship sessions.
Our online platform allows entrepreneurs to experiment, research, and document their ideas step by step so that at the end of the program they can download their own business plan in PDF.
During the duration of the program, you will have to meet once a week with your entrepreneur for mentoring meetings for 1 hour. In addition to that, we recommend always dedicating at least 30 extra minutes to review progress on the platform, and go to the meetings prepared. Also, as the mentee completes each of the tools, you and/or your co-mentor should carefully review each section of the tool to validate the mentee’s work, this takes at least 1 extra hour.
You should be able to use a laptop or desktop computer (not a tablet or mobile phone) and preferably one of these browsers: Google Chrome, Safari, Firefox. We expect you to have a strong and reliable internet connection both for your online work on the platform and to participate in the calls with your mentee via videoconference.
To facilitate the matching process between mentors and mentees, we have created the process of “organic matching”.
This way, you will have the opportunity to meet the different participating projects, invite them to a “Virtual Coffee” to get to know the ideas in detail and then both parties can decide if they want to work together or not. This way we make sure that we create solid and lasting mentoring relationships.
SOFIA Romania is an EU Commission initiative seeking to support and prepare entrepreneurs for funding stage in Romania. 20 Entrepreneurs have been selected to participate as part of this program. All of their projects have a social impact mission and have been selected by our partner Ashoka.
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