Athus, eligible associations can propose projects aimed at promoting youth employment through actions such as: professional training programs adapted to market needs; the development of professional and soft skills to improve employability; a project promoting the socio-economic inclusion of young people in difficulty; support for entrepreneurship for the creation of independent activities; etc.
This call for projects aims to support associations engaged in the field of youth employability. And this, by offering them financial support and support over a period of two to three years, to help them increase their impact and prepare them for a transition towards diversifying their sources of financing, in the long term.
In addition, the SG Social Impact Fund has the particularity of paying its dividends in full to associations. Its objective is to strengthen the capacities of medium-sized Moroccan associations working for the development of human capital. It thus contributes to the strengthening of the third sector and promotes an environment conducive to the development of individuals, in accordance with the strategic orientations of the New Development Model, we indicate in a recent press release.
Composed of bond securities that are not very sensitive to rate variations, the fund protects the capital placed by investors (institutionals, companies or individuals). Furthermore, the same source specifies that the latter constitutes a powerful vector of social and civic responsibility, particularly for companies keen to boost their CSR approach, by making their contribution to the action of civil society.
“Société Générale Maroc contributes to the development of mid-sized associations, key players serving society, by supporting their solidarity initiatives. The SG Social Impact Fund is part of our CSR approach aimed at having a positive, sustainable and equitable impact,” declared Ahmed El Yacoubi, President of the Social Impact Board.
It should be noted that associations operating in this area are invited, from 6/24/2024 to 9/9/2024, to submit their initiatives online at: https://sg-socialimpactfund.com/associations/
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