Non-refundable financing is a form of economic support aimed at impact-driven projects, without repayment obligations. Unlike traditional loans, this type of funding allows recipients to obtain financial resources to develop an initiative without having to repay the amount, ensuring economic stability from the outset.
How Does This Financing Work?
1️⃣ Selection Based on Impact Funds are allocated to projects that generate social, economic, or innovative value.
2️⃣ No Repayment Required Recipients have no debt, enabling them to fully concentrate on project development.
3️⃣ Guidance and Follow-Up Beyond financial support, certain recipients may receive strategic assistance such as mentorship, networking, and advisory services to maximize the project’s impact.