The Social Impact Fund (FIS) has invested 30 million euros in 'IB Deuda Impacto España,' enhancing its role in promoting social and environmental initiatives in Spain.

Information on the Target

The Social Impact Fund (FIS), associated with the Ministry of Inclusion, Social Security, and Migration, has committed an investment of 30 million euros in the 'IB Deuda Impacto España, FESE' fund, managed by Impact Bridge Asset Management, a Spanish firm specializing in impact investment. This investment aims to enhance FIS's role as a strategic investor alongside the European Investment Fund (EIF).

'IB Deuda Impacto España' is a closed private debt fund primarily directed at small and medium-sized enterprises (SMEs) that have a social and environmental impact in Spain and Portugal. It focuses on financing businesses addressing challenges such as rural development, inclusion of vulnerable groups, gender equality, ecological transition, energy efficiency, sustainable agriculture, and the circular economy. The fund aims for a target size of 150 million euros, distinguishing it as the first and only impact debt fund of its kind in Spain. Its objective is to provide impact-driven companies with access to alternative financing, which is crucial for their growth.

Industry Overview in Spain

The impact investment landscape in Spain is rapidly evolving, supported by a growing commitment from public and private sectors to foster sustainable and socially responsible businesses. Initiatives s