Overview 1.Mission & Aim 2.Targets 3.What we offer 4.The mechanism 5.Figures 6.Our investors 7.Contact.

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Presentation transcript:

Overview 1.Mission & Aim 2.Targets 3.What we offer 4.The mechanism 5.Figures 6.Our investors 7.Contact

CoopEst was set-up on the evidence… that the access to long-term financing (private and public) in the countries of Central Eastern Europe is still very limited. 1.1 – AIM: Contribution to development of small and medium enterprises (SME) sustainable development of the region. foster cooperatives, associations, foundations as well as social enterprises. 1.2 – TYPE OF INSTITUTION: Financial institution based in Brussels 1 – Mission & Aim

2.1 – MAIN TARGET INSTITUTIONS: Financial institutions in the target countries, with a strong attachment or interest in socially responsible business (Cooperative or commercial banks, credit & savings unions, micro finance institutions) 2.2 – OTHER TARGET INSTITUTIONS: Networks of social economy organisations such as for instance Caritas. 2.3 – TARGET COUNTRIES: New member states: EE, LT, LV, PL, CZ, SK, HU, SLO, BG, RO Future member states: Albania, Croatia, Kosovo, Macedonia, Moldova, Montenegro, Serbia, Ukraine 2 - Targets

Delivery of long-term funding to financial intermediaries. Provision of a direct financial input that helps strengthen the equity structure and further development financing of the final beneficiaries Provision of co-financing or guarantees enabling the final beneficiaries to get better access to local financing and European funding Promotion of 3rd sector/social economy activities in the region (to attract other banks and financial institutions) 3 – What we offer

4 – The mechanism The typical (but not exclusive) functionning of the CoopEst mechanism

Date of initial operationsearly 2007 Target size of CoopEstEUR 15M Size of investmentApprox. between € and €2m DurationUp to 10 years Eligible final beneficiariesThe main criteria for the involvement of CoopEst is to support socially responsible and economically viable initiatives in the target countries. This may include: a wide range of economic activities. Some examples could be: agricultural co-operatives, social housing or housing co-operatives, energy equipment/renewable alternative energies, organic agriculture, production and commercialisation of handicraft small-scale industries; small business development (SME), especially among unemployed or disadvantaged groups etc. 5 – Figures

6 – Our investors Investors Crédit Coopératif, Paris-Nanterre, France IDES Investissements (Social Economy investment company), Paris-La Defense, France Soficatra (Social Economy investment company), Bruxelles, Belgium CFI (Social Economy investment company), Roma, Italy MACIF Participations (mutual insurance group), Paris, France TISE (SME investment company), Warszawa, Poland SEFEA (Social Economy investment company), Italy Other investors IFC (private sector branch of the World Bank), Washington DC, USA Crédit Mutuel (cooperative bank), Paris, France APS Bank (bank for Social Economy), La Valette, Malta ITAS (cooperative federation), Trento, Italy Maif (Mutual Insurance Group), Niort, France

Contact Av. Jules César 2, box 7 B-1150 Brussels Bruno DUNKEL Tel +32 (2) Fax +32 (2) Yaël ZLOTOWSKI Tel +33 (1) Fax +33 (1) Ralph BÖHLKE Tel +33 (1) Fax +33 (1)