The Social Sector Financing Line is an initiative of the Portuguese Development Bank (BPF) to support Social Economy Entities (EES).

This line of financing is the response to the extraordinary socio-economic context resulting from the increase in the costs of raw materials and energy.

The social sector has always played a crucial role in building an equitable and just society. However, a lack of adequate funding often limits the impact these organizations can have. Fortunately, this new line of funding for the social sector promises to change that.

Global Endowment and Funding

The overall allocation for this financing line is up to €120,000,000.

This line finances both the needs and investments of institutions, whether for the environmental transition or for the implementation of new projects or even for the improvement and requalification of social facilities. Funding amounts to €1,500,000 per supported institution.

The term of the financing can last up to 10 years, with the possibility of extension to 15 years, by agreement and in accordance with the applicable State aid rules.

We are here to support you in the preparation of your application.

Who are the Beneficiaries?

The Social Sector Financing Line aims to support SEEs, including Private Institutions of Social Solidarity (IPSS) or equivalent non-profit and certified entities.

Therefore, any organization operating in the social sector can benefit from this line of funding. This includes non-profit organizations, social enterprises, and cooperatives.

These entities must be located in national territory and have a qualifying main activity.

Institutions where you can apply?

The EES that wishing to apply for this funding should contact the participating banks or mutual guarantee societies:

  • ABANCA, S.A.
  • Bankinter, S.A. – Sucursal em Portugal
  • Banco BPI, S.A.
  • Banco Bilbao Vizcaya Argentaria S.A. – Sucursal em Portugal
  • Banco Comercial Português, S.A.
  • Banco Santander Totta, S.A.
  • Caixa Central de Crédito Agrícola Mútuo, CRL
  • Caixa de Crédito Agrícola Mútuo de Leiria, CRL
  • Caixa de Crédito Agrícola Mútuo de Mafra, CRL
  • Caixa de Crédito Agrícola Mútuo de Torres Vedras, CRL
  • Caixa Económica da Misericórdia de Angra do Heroísmo, Caixa Económica Bancária, S.A.
  • Caixa Económica Montepio Geral, S.A.
  • Caixa Geral de Depósitos, S.A.
  • Novo Banco, S.A.
  • Novo Banco dos Açores, S.A.
  • Garval, Sociedade de Garantia Mútua, S.A.
  • Lisgarante, Sociedade de Garantia Mútua, S.A.
  • Norgarante, Sociedade de Garantia Mútua, S.A.

We are here to support you in the preparation of your application.

Summary

Global Endowment Maximum Funding Funding Term Beneficiaries
120.000.000€ €1,500,000 per institution Up to 10 or 15 years IPSS or equivalent non-profit entities

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