FAIRE has applied an ecosystem approach – investing in entrepreneurs throughout the entire pipeline of their project development. From idea to capital injection, FAIRE invests in incubators and entrepreneurship focused organizations to create a pipeline for refugee entrepreneurs to develop, test and refine their ideas. |
FAIRE achieves three main missions:
- By funding existing organisations working with refugee entrepreneurs (from 30 000€ to 60 000€)
- By selecting refugee entrepreneurs directly and granting them loan on trust (up to 20 000€)
- By contributing to the public debate about the role of refugees in society and how best to include them.
The process is really simple for the funding of incubators or organizations working with migrants entrepreneurs, it’s working with single donation for actions. The renewing of donation is done if the work from the partners organizations is producing clear impact on incubating migrants entrepreneurs.