Altfinator - Facilitating Access to  Alternative Financing
Altfinator - Facilitating Access to Alternative Financing
2019-01-14
Alternative Financing is an important source of financing for entrepreneurs, start-ups and SMEs. However, there is a huge gap between Southern, Central and Easter Europe which are lagging behind Northern and Western Europe in terms of alternative financing volumes (total and per capita) and versatility of funding sources. To bridge this gap, Altfinator will facilitate the transfer of best practices from more advanced markets to those that are less advanced.
 
The heart of the Altfinator project is the capacity-building strategy for the financial ecosystem and its participants, developed in fall 2018, with the aim of improving the provision and absorption of alternative financing.
 
The key activities of the project are:
 
  • Development of an interactive library of resources and tools
    • Best practice case studies
    • 2 editions of MOOCs on alternative financing
  • Development of information matching and data exchange tool
    • Interactive map of AF sources and providers
    • Tool for comparison and matching SMEs to AF schemes and providers
    • Financial and credit data sources
  • Engagement of Alternative financing community
    • National workshops and roundtables
    • International best practice workshops
    • Eebinars for group coaching and mentoring of SMEs
 
Altfinator is a large-scale project with the overall objective of developing alternative financing markets in our target regions – South Europe and the CEE.
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ALTFInator has received funding from the European Union’s Horizon 2020
Research and Innovation programme under Grant Agreement No 792040

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