Alfanar fosters the growth of ambitious, enterprising, self-reliant social enterprises (SE) that provide valued opportunities for disadvantaged people in the Arab world to improve their lives and experience dignity. Alfanar employs a venture philanthropy investment approach, which helps social enterprises scale their impact and achieve financial independence over time.
Alfanar, in partnership with the Danish Refugee Council (DRC) and Jordanian Hashemite Fund for Human Development (JOHUD) funded by the European Union, will work on the program called: Building Pathways to Sustainable Livelihoods: Enhancing Economic Opportunities and Decent and Formalised Work for Vulnerable Communities in Jordan in which it will support social enterprises (SEs) and cooperatives (owned or employing refugees and vulnerable Jordanians) in Amman, Irbid, and Mafraq, with funding and management support. The program will target early growth and growth-stage SEs and cooperatives, with a focus on those with employment-intensive growth potential. As such, this program aims to support the creation of decent job opportunities, particularly in non-urban areas.
The selected SEs and cooperatives will undergo Alfanar’s Sustainable Social Enterprise Training (ASSET) program. By supporting locally led social enterprises (SEs), the programme aims to drive systemic change, foster sustainable solutions, and empower marginalized groups, including women, youth, migrants, and refugees. The programme is committed to scaling impactful SEs that align with the Sustainable Development Goals, particularly SDG 8 (Decent Work & Economic Growth) and SDG 10 (Reduced Inequality), through targeted financial and technical support.
The SEED programme intends to support 17 early-stage social enterprises. The programme will provide funding and tailored management support over a period of 6 months with a follow up period that will cover monitoring, evaluation and reporting. EED cycles to enter the next stage of the process of long-term business planning with a potential to secure further funding to scale impact and financial sustainability. We are looking for social enterprises that want to grow their team to scale their financial sustainability and impact.
17 SEs will be shortlisted based on eligibility criteria – described below – and will receive a grant of up to EUR 15k, training on 5 strategic modules followed by customised 1-2-1 management support sessions to customise models for the enterprise, covering business, financial, impact and governance models.
Disclaimer: This publication is co-funded by the European Union. Its contents are the sole responsibility of Alfanar and do not necessarily reflect the views of the European Union