Through Funds For Good
published on to •
2 min read
Funds For Good wants to make an impact in the lives of small starting entrepreneurs through investments. To this end, it is collaborating with a number of partners, including investment bank Deutsche Bank. Olivier Delfosse, chief country officer at Deutsche Bank, explains how the partnership between both parties works.
Listen to the full interview with Olivier Delfosse here:
- “Funds For Good is responsible for supporting and providing resources to small to very small entrepreneurs. They have an important social role in stimulating everything that is entrepreneurship. They allow people to start their own small businesses.”
- “We are a major global player. What attracted me to the partnership with Funds For Good is that it also helps people in a completely different phase, setting up companies. That was missing from our portfolio,” says Defosse. “There are a very large number of projects that Funds for Good supports. Many of them are backed through Deutsche Bank, but they also have other partners.”
What does the partnership look like?
- “Deutsche Bank distributes a large number of financial solutions for our customers in open architecture. On a regular basis we structure products on which the bank would normally take part of the margin, and we ultimately pass that margin on to Funds For Good. This allows them to set up and maintain their activities.”
- “We want to contribute to society. We make major deals with large companies and are active in private banking. But we also wanted to be active in the segment of people who are starting out, where we can help. It is mainly a social role that we try to fulfill,” Delfosse concludes.