European Center for Social Finance

The most experienced organization in European Social Finance.

Bridging Theory, Practice, and Policy

The European Center for Social Finance (ECSF) was created to help establish best practices and distribute knowledge in financing the provision of social services and social innovations. It works at the intersection of theory, practice and policy and views social finance as a process which encompasses among others selection criteria, financing structures and impact assessment. Members of the European Center for Social Finance write studies and books, provide technical assistance, organize trainings, consult financial intermediaries and participate in research projects.

Over the last years, the European Center for Social Finance has worked with more than 100 social finance intermediaries, foundations, banks and microfinance institutions in Romania, Austria, Germany, France, Ireland, Sweden, Denmark, Italy, Portugal, Belgium, Slovakia and Netherlands among others.

The Center is based at the Munich Business School (MBS) and works with a network of partner organizations across Europe.

Learn More About Us

Our Work

Featured Projects

NextSME

Ensuring continuity and sustainability for small and medium-sized family businesses beyond the third generation with modern tools and knowledge.

StayOK

Focusing on well-being at work for small companies, addressing hybrid work, AI for HR, and work/life balance to curb the trend of great resignation.

Deal4Good

Empowering social enterprises to participate in Social Public Procurement, bridging the gap between VET and the social economy.

Technical Assistance

We are delivering technical assistance to social finance intermediaries and microfinance institutions.

Studies on Embedded Finance and AI for Micro Businesses

We are conducting research on embedded finance as well as the use of artificial intelligence for micro businesses.

Impact Due Diligence and Impact Audit

We are continuously preparing impact due diligence reports and impact audits for social finance intermediaries.

Latest News

Stay updated with our recent activities and upcoming events.

March 6, 2026

March Newsletter

Workshops for Entrepreneurs and Policymakers & NextSMEs International Webinar updates.

August 14, 2025

Join the International Webinar on Social and Green Public Procurement – 19 September 2025

Leveraging public procurement for social and green goals. Online webinar insights.

February 27, 2025

Deal4Good Kick-off Meeting

ECSF hosted the kick-off meeting for the Deal4Good project.

January 30, 2025

How to build an ethical bank in 2025

Exploring the creation of ethical banking institutions in the modern era.

January 30, 2025

Join us for the STAY OK Training Course Launch!

Module 3: Artificial Intelligence for Worker Management launch details.

January 10, 2025

Funding the Ukrainian reconstruction: Building back better

Supporting Ukraine's reconstruction through sustainable and resilient finance.

View all updates →