In 2003, ERSTE Foundation evolved out of the Erste Oesterreichische Spar-Casse, the first Austrian savings bank. ERSTE Foundation is the main shareholder of Erste Group and invests in the development of societies in Austria and Central and South Eastern Europe. It supports social participation and civil-society engagement; it aims to bring people together and disseminate knowledge of the recent history of a region that has been undergoing dramatic changes since 1989. As an active foundation, it develops its own projects within the framework of three programmes: Social Development, Culture and Europe.

Academic partner

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The top research performance of WU (Vienna University of Economics and Business) is recognized by the international scientific community, and much of the work conducted at WU is of considerable practical relevance, based on the needs of various stakeholder groups. In terms of education, WU offers its students a large selection of attractive programs and a wide range of specialization areas and research opportunities. WU and its programs place consistently among the world’s best in prestigious international rankings.

The Competence Center for Nonprofit Organisations and Social Entrepreneurship is an organisational unit of WU and combines research and practice in versatile interdisciplinary projects. Its main research and teaching focus lies on non-profit management and social entrepreneurship and comprises topics like impact measurement, capacity building, social business, or social investment.

Implementation partner


“la Caixa” Banking Foundation is the majority shareholder (with close to 56%) of CaixaBank, Spain’s foremost bank in terms of branches (around 5,500), employees (around 30,000) and customers (more than 14 million). “la Caixa” Foundation is whole-heartedly committed to helping to eradicate poverty in low-income countries in Africa, Latin America and Asia. Accordingly, we support initiatives that contribute to substantially improve living conditions amongst the most vulnerable populations in developing countries. In order to increase our impact, “la Caixa” Foundation works with leading players in the field of international development, such as European Foundations, International Organizations and the United Nations Organizations. “la Caixa” Foundation also works to foster the professionalization of the Civil Society organizations through training courses aimed for managers, technicians and volunteers of NGOs with the collaboration of the academic sector.