SOFIA DEVELOPMENT ASSOCIATION was founded as non-profit organization with the decision 348
of the Sofia Municipal Council to work for the sustainable development of the capital.

Capitalization Workshop on Social Impact

Sofia Development Association and partners from ten different countries got together in Budapest on January 22, 2018 with other Interreg Danube and other EU projects in the area of social entrepreneurship to discuss how to establish synergies with each other, share knowledge, build on each other’s success and maximize lessons learned. The thematic capitalization workshop was organized in the framework of the Finances4SocialChange project.

Over 15 different inter-regional projects agreed to clusted and share in order to strengthen their outreach, efficiancy and sustainability. Potential paths for collaboration include joined dissemination, peer reviews, benchmarkings, educational programmes, regulation. These insights will be applied in the project training programme and the upcoming social impact investment pilots.

The Finances4SocialChange project co-funded by European Union funds (ERDF, IPA, ENI). More about the project is available at

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