Title: International Fellowship Programme for Central and Eastern European Foundations and NGOs IFP
1International Fellowship Programme for Central
and Eastern European Foundations and NGOs (IFP)
- Fellow Eva Varga
- Economist with post-graduate degree in
international development - Work experience varies from marketing and
finance through microfinance to social enterprise
development. - Currently Enterprise Development Director at
NESsT (Nonprofit Enterprise and
Self-sustainability Team) - Character I am a doer!
- Identity Central European and Latin American
- Hobbies travel, dogs, horseback riding, cinema
and books
2Home organisation NESsT
Focus social enterprise development -
mission-driven businesses that increase the
financial sustainability and social change impact
of civil society organizations.
- NESsT Venture Fund
- Philanthropic investment funds supporting
social enterprise portfolios in emerging
markets -
Building on the applied work, research and share
relevant topics in the Venture Philanthropy field
to provide clarity in definitions, concepts and
strategies to a wide audience. Enables better
understanding of challenges in the field, and
promotes support among donors, practitioners, the
for-profit sector and universities.
Applied work provides technical and financial
assistance to a diverse range of CSOs in Central
Europe and Chile. Provides a methodology which
builds new capacities in the organization.
NESsT University Promoting accountability,
innovation, leadership and professionalism in
the field -
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NESsT Marketplace A global on-line
shopping directory of social enterprise
products services (www.brownpages.org)
NESsT Consulting Providing professional services
in social enterprise development
3Example of a social enterprise Open Garden
Foundation, Hungary
Mission Open Garden seeks to address
environmental, social and economic problems in a
practical, integrated way by establishing local
organic food systems.
Social Enterprise With support from NESsT, Open
Garden is expanding its Real Food Box, a home
delivery service of organic fruits and vegetables.
4Fellowship at Charity Bank, UK
- Focus of fellowship study debt financing for
social enterprise and its applicability in CEE - Length 4-5 weeks
- Methodology
- Detailed study of procedures, tools and lessons
learnt at Charity Bank meetings, interviews and
on-site observation - Research other lending practices and experiences
(demand and supply) in UK meetings and desk
research - Expected outcome published research summary with
conclusions for CEE public and NGO sector
5Fit with NESsT organisational strategy
- NESsT vision existence of a nonprofit capital
market offering a wide variety of financing
instruments (grants, loans, soft loans, equity,
etc.) for NGOs to help further their mission
impact - Pilot add loan component to NESsT Venture Fund
- Further steps after fellowship
- Research demand and supply in CEE
- Feasibility study for NESsT Social Enterprise
Loan Fund (SELF) - Personal interest application of banking,
microfinance and SME experience in the nonprofit
sector