The Social Impact Fund injects 30 million euros to promote purpose-driven projects.

 

This fund, managed by the Spanish management company Impact Bridge Asset Management, specializes in financing projects with a clear social and environmental impact.

 

This significant capital injection by the FIS will facilitate the arrival of new investors to the fund, consolidating its role as a strategic investor alongside the European Investment Fund (EIF).

 

IB Deuda Impacto España is a private debt fund with a closed investment horizon, focused mainly on Small and medium-sized enterprises (SMEs) based in Spain and Portugal that demonstrate a positive impact on society and the environment. The fund will provide financing to companies addressing crucial challenges such as rural development, inclusion of vulnerable groups, gender equality, ecological transition, energy efficiency, sustainable agriculture, and the circular economy.

 

With a target of reaching €150 million, this fund is positioned as the first and only of its kind in Spain, offering a fundamental alternative financing option for the growth of impactful companies.

 

This investment underscores the FIS's commitment to promoting a more inclusive, fair, and sustainable economic model through the use of financial instruments that generate real and measurable impact.

 

The subscription agreement was formalized by signing Angela Perez, President and CEO of COFIDES, and Maria Samoilova, managing partner of Impact Bridge and head of the fund. The investment of up to 30 million euros also includes a technical assistance line of 100.000 euros, intended to offer training to the funded companies on "social procurement," promoting responsible contracting and supplier acquisition practices.

 

Ángela Pérez highlighted that "the FIS investment in IB Deuda Impacto España represents a significant advance in the fund's strategy to promote innovative and complementary financial solutions to the traditional market, which allow it to adequately meet the needs of impact companies. We also hope that this operation will contribute to Attract new investors to the impact ecosystem, thus expanding its reach and transformative capacity.”

 

For her part, Maria Samoilova stated that “COFIDES' trust and support represent a major boost for Impact Bridge in our mission to finance projects with real and sustainable impact. We share with the FIS a clear vision of the importance of mobilizing capital for initiatives that generate positive and lasting change. This investment strengthens our ability to identify and support transformative projects and demonstrates the value of strategic partnerships committed to sustainable development.”

 

To date, the fund has already made investments in companies with a strong social impact component, such as ILUNION Hotels, which facilitates the labor inclusion of people with disabilities; Fundeen, a leading crowdfunding platform for renewable energy projects; Moda re-, a textile recycling initiative focused on the integration of people at risk of social exclusion; and Talento y Experiencia (TyE), a company that employs and trains people with disabilities in industrial processes.