The EDP Foundation supports the creation, implementation and development of social businesses in any stage of their lifecycle, from start up to scaling up.
As well as providing funding, the EDP Foundation accompanies several projects in order to build them up and make them autonomous, in a process that includes defining the business model and supporting several areas and skills that complement each partner’s needs (communication, legal support, accounting support, etc.) – the language school Speak and the project Places4All are two examples.
In June 2016, the EDP Foundation launched its own channel on the platform PPL Crowdfunding Portugal, where it presents social businesses that have been analysed and triaged beforehand so that they may receive collaborative funding. Examples of beneficiaries of this financing are Petit Papão, a startup for healthy children’s food, Projecto Darte, which offers art sessions for underprivileged children and youths, and Pão a Pão, a restaurant to integrate refugees from the Middle East.
Energy Vulnerability Programme
With the Programa Precariedade Energética (Energy Vulnerability Programme), the EDP Foundation invests in initiatives that raise awareness and support a target group that is, or risks being, in a vulnerable energy situation, helping recipients manage their energy bills and their relationship with energy suppliers (electricity and gas).
The programme began with a pilot-project launched in 2015 with Entreajuda. This entity established a network of institutions, food banks and private Portuguese charities, providing direct support to people and/or families in need or at risk of energy vulnerability in the districts of Lisbon and Setúbal, with issues such as hiring services, reading invoices, managing consumption and avoiding conflicts, among others.
In 2016, Caritas Portugal also took to the field, covering the districts of Beja, Évora, Santarém, Leiria, Vila Real and Braga with the programme “Energia para Todos – Sensibilização e acompanhamento da Precariedade Energética” (Energy for All – Raising awareness and helping with Energy Vulnerability). This project involves training Caritas technicians who aid people in need, providing them with the necessary skills to raise awareness and help families with matters such as how to acquire and consume energy responsibly. This aims to improve the situation of disadvantaged families, creating savings for them in the short term and a more sustainable development of the community in the medium term.
Operation Red Nose
The EDP Foundation has been the partner of Operação Nariz Vermelho (Operation Red Nose) since 2004. This institution develops a visitation programme of professional clowns with specialised training in hospital environments, for children hospitalised in the paediatric wings of 13 hospitals in the Greater Lisbon, Coimbra, Porto and Braga areas. This programme is implemented in close collaboration with health professionals. Approximately 40 thousand visits are carried out every year.