Social entrepreneurs need to work harder to get funding since normal sources such as bank funding are not typically available. Other sources have to be looked at, such as CSR funds from corporates, funds from family and friends. There are PE firms that could fund social enterprises, but that’s after they have proof of concept, and, often, the entrepreneur needs funds to reach that stage. The biggest support can come from government agencies, if there is a match between what they have been set up to do and what they entrepreneur has set out to achieve.
The project is co-funded by EU through the Interreg-IPA CBC Bulgaria–Serbia Programme.
