FAQ
The Solutions Fund Effekt Ltd
Start date: December 1, 2025
Founders: Foundation Brita Maria Renlunds Minne, Alfred Kordelin Foundation, StartMore Social Impact HUB
Purpose: To fund initiatives that create long-term social benefits
Focus: Children and young people, culture and education
Principle: A non-profit company whose profits are reinvested in its activities
Frequently asked questions
What is the Solutions Fund Effekt?
The Solutions Fund Effekt is a new public benefit company established to promote social change by financing and supporting initiatives with growth potential. The company will commence operations on December 1, 2025.
Who are the people behind Effekt?
The Brita Maria Renlund Memorial Foundation, Alfred Kordelin Foundation StartMore Social Impact HUB.
What is the purpose of the action?
The aim is to promote human well-being by funding initiatives that produce positive, measurable, and long-lasting results. In the initial phase, the focus will be on children and young people, as well as culture.
How does the funding model work?
Effekt funding to initiatives to increase the impact of their activities in the form of loans or share capital. The funding is used as agreed for measures that support the growth of the initiative. The funding is structured on a case-by-case basis so that the risk to the funding target is sufficiently low. Capital is returned to the solution fund from the growth of the funding target or the achievement of impact targets.
What kind of support Effekt ?
In addition to financing, The Solutions Fund expertise, coaching, impact measurement, and assistance in negotiations with those who need solutions.
Why do we need the Solutions Fund?
Traditional grant funding is not always suitable for ideas that can be scaled up and made more effective. The Solutions Fund to lay the foundations for a long-term, sustainable operating model.
How to apply for funding?
The fund has an open application process. Anyone can present their idea by sending a free-form email to the Fund. The company is also actively seeking suitable projects from foundation grantees.