We have already financed
25 social enterprises:
Project selection process and criteria
RATHER THAN TARGETING SPECIFIC SECTORS OF ACTIVITY, WE ACCOMPANY AND SUPPORT ENTREPRENEURIAL PROJECTS WITH A SOCIETAL IMPACT, REGARDLESS OF THEIR TYPE OF ACTIVITY.
Our selection process is unique. After a meeting with the Citizenfund’s operational team, the entrepreneur is introduced to our Selection Committee. The Selection Committee is made up of 2 elected cooperators, 2 experts according to the themes, and 1 co-founder of the Citizenfund. The Committee evaluates the entrepreneur’s project according to the following criteria:
Is the way in which the project leader and his team wish to achieve their objective compatible with the Citizenfund’s values (governance, profit distribution, etc.)?
THE TEAM’S INVESTMENT
Do the project leader and his team seem sufficiently invested in their project?
THE CAPACITY TO CARRY OUT THE PROJECT
Do the project leader and his/her team have the capacity to lead the project to success?
THE FINANCIAL PLAN
Is the business model of the project or will it be at least self-supporting?
If the Selection Committee validates these aspects, the entrepreneur will meet all the cooperators-investors during a validation session. The latter will then vote online for 10 days for or against the funding of the project by the Citizenfund. The last word therefore always goes to the cooperators-investors.
The aim of Citizenfund is to help a project at the critical moment when it is mature in its conception and when funding is essential for its implementation. This assistance can take the form of an equity investment or a loan.
For all successful fundraising, Citizenfund charges an application fee of 5% of the amount raised.
Other funding possibilities
Does your project not meet our funding criteria? You are not alone!
We co-founded the Solifin network to facilitate access to information and funding through a better understanding of the diversity of sources available.
Perhaps other Solifin members have more appropriate funding solutions for you.
Only one way to find out, use the widget on the right.
TO DEFINE AND MEASURE THE IMPACT OF THE SOCIAL ENTERPRISES FINANCED, THE CITIZENFUND IS USING THE MODEL OF THE 17 SUSTAINABLE DEVELOPMENT GOALS (SDG) OF THE UNITED NATIONS.
The SDGs are divided into 169 targets that are common to all countries involved. They meet the general objectives of eradicating poverty in all its forms and in all countries, protecting the planet and ensuring prosperity for all.
To find out about the Sustainable Development Objectives specific to each project funded by the Citizenfund, go to their respective pages.
THEY WERE FINANCED BY THE CITIZENFUND
Aurélien et Ludovic, co-founders of Happy Hours Market
"We are delighted to be part of this ecosystem of 'impact' entrepreneurs who have given a big boost to our project, notably thanks to the synergies with the other member companies of the Citizenfund, and above all thanks to a network of people who share the same vision of the future."
Philippe, co-founder of Urbike
"From the very first exchanges, we found in Citizenfund a motivated partner, ready to support us when we needed it. We wish to develop our relationship with them because we are convinced of the interest of pooling some of them and because the network that is developing in this framework offers promising encounters."