The Power of Social Enterprise
In 2018, UniCredit Foundation decided to further consolidate its cooperation with NESsT Romania, developed as of 2012, by launching the third “The Power of Social Enterprise” programme in collaboration with UniCredit Bank Romania and UniCredit Services.
The initiative proposes to award three € 15,000 prizes to social enterprises that are already active, and which have been present on the Romanian market for at least one year.
They must have a medium-high development level, be already able to make a profit and be ready to commit to generating employment with innovative and sustainable business ideas, with significant social spin-off. Selected via a national competition in which 27 organisations took part, the three best social enterprises selected have received training and dedicated consultancy in addition to the monetary award. The winners of the third 2018-2019 programme received their awards in Bucharest in October 2018, in the presence of UniCredit Foundation, UniCredit Bank Romania and UniCredit Services representatives.
Since 2012, UniCredit Foundation and NESsT Romania - in collaboration with UniCredit Bank and UniCredit Services - have achieved significant results:
• 63 project teams supported with incubation;
• 23 social enterprises supported with grants and capacity building;
• 5 editions of “Your Choice, Your Project”, in which more than 3,000 UniCredit Bank and UniCredit Service employees have taken part.
The beneficiaries of the project are the following
Curtea Culorilor is an artisan laboratory that produces a variety of cheeses according to traditional Italian recipes, located within a shelter in the region of Timişoara. The aim of the association is to provide housing and education/professional support to young single women.
Cosânzeana is a small social enterprise that produces sewing kits and decorative items that are hand-sewn. The organisation’s mission is to create respectable jobs in rural areas, while also keeping local artisan traditions alive.The main beneficiaries of the Cosânzana activity are young mothers who have been unemployed for a long time.
MamaPan is a bakery that produces naturally leavened bread, low-calorie bread and artisan pastries. The company employs women who belong to vulnerable groups (single mothers, Romany women, unemployed women who have no access to education). The project aims to extend its activities and move its production site, with the creation of new jobs.
MamaPan Bakery has also received an additional award of € 5,000, as part of the “Your Choice, Your Project” initiative, with which UniCredit Group employees in Romania voted for their favourite project from among the three winners.