A short break for breakfast – Impact for Breakfast in Azerbaijan

Not long after the first Impact for Breakfast in Baku, a second one was organized on September 27, to discuss thecurrent state of the social entrepreneurship ecosystem in Azerbaijan, the creation of social investment funds and networking opportunities.

Lana Lovasic, UNDP Consultant, spoke about the importance of blended finance concepts, socially responsible investment and a value-based approach.

Luciano Balbo, co-founder of  Oltre Foundation, Italy’s first impact investment fund,  shared his experience on impact investment and funds, highlighting examples and growing sensibility to impact, among investors andentrepreneurs alike. He also named microfinance as the most successful impact-related segment in developing countries. 

The growing interest in impact topics was confirmed by the Commercial Specialist of the US Embassy, Govhar Mammadova, who highlighted the importance of the meeting and interest  in Social Entrepreneurship as a priority field for this year for the Embassy.  

In addition to remarks by Mr. Balbo and Andreja Rosandic, EVPA Stakeholder Manager, there were meetings with representatives from Azerbaijan’s private banking sector and no shortage of national and local media coverage. 

The second Impact for Breakfast was organized by Education HUB and EVPA in close cooperation with the UNDP Azerbaijan.  This event was organized in service of  ‘Developing innovation-driven and sustainable civil society in Azerbaijan’ a goal of the EU-funded Action Collaborate for Impact. 

We look forward to many more impactful breakfast gatherings to come!