FEBEA celebrates its board meeting these days in Bilbao
With the presence of Ainara Basurko, Deputy for Economic Promotion, and Oscar Ugarte, Director of Seed Capital Bizkaia, the entry to FEBEA (the European Federation of Ethical and Alternative Banks and Financiers) of the regional venture capital entity has been formalized.
The European federation that is holding its board meeting these days in Bilbao, has validated the incorporation of Seed Capital Bizkaia into its network.
FEBEA brings together around thirty financial institutions from more than 15 European countries that seek to develop and promote the principles of ethical finance.
With this incorporation, the regional entity becomes an active part of a federation that provides financial services to more than 700.000 people and organizations working in the social field, and that manages more than 30.000 million euros in assets.
FEBEA tries to contribute to the promotion of a sustainable, active and supportive economy in Europe:
- Putting the economy at the service of citizens.
- Fighting against social exclusion.
- Contributing to the promotion of social and environmental projects that have an innovative vocation.
Seed Capital Bizkaia, through the different financing instruments developed over more than 30 years of existence, aims to contribute to the promotion of innovation, social impact and the strengthening and regeneration of the business fabric of Bizkaia.
