VP/SI in Central Eastern Europe - Case Studies: Tise & Cvernovka

In this series of cases studies, we focus on Central Eastern Europe and showcase Social Purpose Organisations' solutions to social problems and how EVPA Members contribute to their success by supporting them with venture philanthropy and social investment approach.

In Brastislava, Cvernovka Foundation has renovated an abandoned building to build a dynamic a creative centre for local artists to develop and revive the cultural life of the city district and local neighborhood.

TISE has provided a 7-year loan help Cvernovka finalise the initial investment into the building and renovate it, and advising Cvernovka's founders on the best option in terms of revenue strategy and financial management.