The Fund, a Joint Initiative
Our philosophy
To build alliances with like-minded public and private organisations—such as public investors, multilateral organisations, development finance institutions, NGOs, philanthropic foundations, and private institutional investors—in order to increase access to finance for innovative green and social businesses in the Mediterranean. The fund enables Switchers to strengthen their resilience as sustainable green businesses.
The objective is to create a “win-win” situation, where green and social entrepreneurs gain access to finance, financial providers can safely invest in green entrepreneurship, and pressure on natural resources and human capital is maintained at a sustainable level, ensuring that future generations can thrive.
The SwitchersFund aims to lead by example, attracting other financial actors to follow suit; it acts as a financial catalyst.
The Fund plans to intervene with a combination of “patient” financial instruments and technical assistance, leveraging a large network of local partners to ensure the effective and efficient development of activities in the targeted regions.
Our mission
To facilitate investments directly to these pioneers, through a mix of patient finance with technical assistance and networking through a strong network of local partners to ensure strategic, relevant, and effective support on the ground.
The SwitchersFund has three main goals: proving that finance for green start-ups can work; filling the financing and technical assistance gaps; and networking with all the relevant stakeholders in this process.
The SwitchersFund facilitates impact investments to support organisations on the creation of social and environmental benefits, in addition to generating financial returns.
What do we invest in?
We invest in the Switchers. The Switchers are entrepreneurs who develop their business considering three interdependent dimensions: economy, society and environment. The Switchers create value through eco-innovation by turning environmental challenges into business opportunities and eco-design by reducing environmental impact of products and services along their life cycle.
The Switchers achieve social and environmental impact by providing entrepreneurial solutions to an environmental or societal issue based on a scalable approach.
