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HOW IT WORKS

Impact investing, social and responsible

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1
SELECTION
We filter and choose the best projects focusing on aspects such as social impact, business model, scalability or future profitability potential.
2
ANALYSIS
We analyze in depth the selected companies through our analysis team and our Selection Committee.
3
CAMPAIGN
During a two-month period, you can invest through the platform in the capital of the companies we publish.
4
MONITORING
If the company succeds reaching the minimum objective, we formalize the capital increase operation. Thereafter, the company will report its economic and social impact results to you and the rest of the partners on a quarterly basis.
SELECTION
    In Bolsa Social we select companies that have a good proven business model, have growth potential and that generate a positive and measurable impact on society and the environment. For this we look at four parts:
  • The company must be for profit (SL or SA), and be domiciled in Spain
  • Business model tested in the market
  • Project scalability
  • Social impact through the Sustainable Development Goals.
ANALYSIS
  • Once selected, we thoroughly analyze the companies (team, business plan, product, market, competitive advantage, social and environmental impact, etc.) and present it to our Selection Committee.
  • We carry out a simplified legal review so that you can invest in these companies with all the guarantees and the necessary information.
 
CAMPAIGN
  • From the moment the campaign begins and within 2 months, you can invest in the capital of the companies we publish. Each company will set a minimum and maximum goal of capital, that represents a % of the capital of the company.
  • You will have access to comprehensive information about the company's team, project, business plan, social impact, financials and the terms of the proposed investment agreement. You can also reach directly the entrepreneurs in the investors' days that we organise and pose your questions through the dedicated investors' forum in the Bolsa Social's platform.
  • Investors in Bolsa Social can be either "accredited" or "non-accredited", depending on their profile as investors.
    • Non-accredited investors can only invest up to 3.000 euros per company.
    • Accredited investors are entitled to invest without limitations in Bolsa Social´s companies.
  • By default, Bolsa Social considers the natural persons to be non accredited investors. However, in case you want to invest beyond that limit, you can change your investor status from your personal account. You will find more information about your status as investor in your personal account, once you register in Bolsa Social.
  • When you invest, your money is deposited in a special escrow account in Tríodos Bank, the European reference of ethical banking.
  • If all the investors together manage to gather the sum of money targeted by the company, Tríodos Bank transfers the money to the entrepreneur and Bolsa Social carries out all the legal formalities on your behalf, so that you become shareholder of the company.
  • If we do not attain the investment target before the deadline, Tríodos Bank will send your money back to you, and free of cost.
 
MONITORING
  • As shareholder, you will be able to participate in the course of the company’s business. A detailed shareholders' agreement protects the rights of the minority shareholders, including drag along and tag along clauses.
  • For a more efficient management of the company, the voting rights of Bolsa Social´s investors are syndicated around the impact investor that makes the largest investment ("investor of reference"). He or she will represent the rest of Bolsa Social's investors at the shareholders assambley, and he or she will be entitled to appoint one member of the board of directors of the company to protect Bolsa Social´s investors interests.
  • Companies report annually and half-yearly through Bolsa Social about their economic performance and social impact. In this way, you will be able to monitor, from your personal account at Bolsa Social, the evolution and performance of the company and obtain information about the social and environmental impact of the companies where you are shareholder.
  • Monitor the projects, share in the social networks and participate in the social and environmental impact your investments produce.

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