Cofides-Managed Fund Backs Social Impact Vehicle Targeting Spanish Smes


credit: Fotopedia

Fondo de Impacto Social (FIS) has invested 15m into the Global Social Impact Fund II (GSIF Spain) GSIF Spain supports SME's contributing to the economic and social inclusion of vulnerable communities in Spain.

More than 60% of impact funds in Spain today are environmental or climate change-related funds.

FIS was also impressed with the fund's focus on mentoring start-ups.

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