Investment & Fund Management

Dream Act, a social enterprise based in Montreuil, Ile-de-France, faced the challenge of finding the right financing partner to support its mission of promoting responsible and sustainable commerce through its online platform. The founders, Diane Scemama and Claire Chouraqui, aimed to improve consumer habits by offering ecological and fair alternatives to everyday goods, while also supporting local artisans and small brands committed to social and environmental issues.

To address their financing needs, Dream Act turned to La NeF for an EU-guaranteed loan backed by the European Investment Fund (EIF). This financial support was crucial for the professional development of their platform, allowing them to enhance their website, expand their offerings to professional clients, and ultimately create 10 new jobs within the company.

As a result of this tailored solution, Dream Act has seen significant growth, with five new brands joining their platform each month and a 30% annual increase in their B2B professional platform. The founders have noted a positive shift in consumer attitudes towards sustainability and ethics, indicating that their efforts to promote transparency and support the local economy are resonating with a growing number of eco-conscious consumers.