Issues
The players in the social economy are the driving force behind a fairer, more sustainable society. Their actions are a response to social and ecological challenges. However, many SSE organisations are finding it difficult to make their projects last over time, and the ecological, health and economic crisis is an aggravating factor. The development of socially responsible investment is therefore a key issue: it gives social entrepreneurs and associations the latitude they need to organise themselves and carry out their programmes to help the most disadvantaged groups or to promote environmental resilience.
Mirova Foundation has chosen to partner with France Active, a national network dedicated to committed entrepreneurs, to increase the potential for financing and supporting social and solidarity economy (SSE).
Actions
France Active is a national network dedicated to committed entrepreneurs. It supports them in financing and implementing social or environmental solutions.
For more than 30 years, France Active and Mirova have worked together to support the development of Social and Solidarity Economy enterprises. As the leading private investor in France Active Investissement, Mirova channels solidarity-based savings collected from citizens to address social and environmental challenges, enabling the creation and growth of thousands of SSE organizations every year.
A historic partner of France Active, Mirova has strengthened its support for our associative movement since 2023 through its endowment fund, Mirova Foundation, which is now France Active’s leading private philanthropic partner. As an extension of this commitment, the Mirova Foundation is supporting the association network’s new ambitions in supporting SSE companies. With financial support of €3.6 million over 6 years.
The ambition is to support SSE leaders and nonprofit organizations by helping them envision their future and providing them with the means to strengthen their social impact. This partnership supports all of our awareness-raising and training initiatives, particularly around solidarity-based investment issues, while also showcasing the richness and strength of the SSE sector.
Key figures
Our support
- Multi-year partnership (2023-2029)
- Financial support (including structural costs) of €3.6 million over three years. Mirova Foundation becomes France Active’s main private financial partner.
- Outreach and advocacy
- Creation of a training cycle with France Active on business model issues, financial analysis, investment strategy. This tailor-made training program is offered exclusively to associations supported by Mirova Foundation.