What we do
The EIF in 2020
Coronavirus: The EIB Group’s initiatives to address its economic consequences
Pan-European Guarantee Fund – EGF
Institutional investors
Equity products
AI Co-Investment Facility
Climate & Infrastructure Funds
Technology Transfer
European Angels Fund (EAF) - Co-investments with Business Angels
Venture capital
The Social Impact Accelerator (SIA)
Lower mid-market
Mezzanine Facility for Growth
EFSI Equity instrument
Single EU Equity Financial Instrument
COSME - Equity Facility for Growth
InnovFin Equity
Private equity secondary market transactions
EIF-NPI Equity Platform
ESCALAR Programme
Debt products
New ESIF ERDF Guarantee Fund initiative in Greece
EFSI Private Credit Programme
AGRI Guarantee Facility
AGRI Italy Platform Uncapped Guarantee Instrument
Credit enhancement
Cultural and Creative Sectors Guarantee Facility (CCS GF)
ENSI - Securitisation Initiative
Erasmus+ Master Loan Guarantee Facility
Skills & Education Guarantee Pilot
EREM debt products
Single EU Debt Financial Instrument
Documentary Finance Facility – Bulgaria
The SME Initiative
The SME Initiative Bulgaria
The SME Initiative Finland
The SME Initiative Italy
The SME Initiative Malta
The SME Initiative Romania
The SME Initiative Spain
Inclusive finance
EaSI Financial Instruments
EaSI Capacity Building Investments Window
EaSI Guarantee Instrument
EaSI Funded Instrument
European Progress Microfinance Facility
Entrepreneurs supported through Progress Microfinance
European Fund for Strategic Investments (EFSI)
How does EIF contribute to EFSI
How to apply for EFSI financing
Regional Development - Country and sector-specific initiatives
Fons d’Inversió en Tecnologia Avançada (FITA) Catalonia
Dutch Future Fund (DFF)
Dutch Alternative Credit Instrument (DACI)
PORTUGAL BLUE: a new initiative for blue economy investments
JEREMIE Greece Reflows – Business Angels’ Co-Investment Equity Instrument
German Corona Matching Facility (CMF)
Portugal Growth programme
Croatian Growth Investment Programme (CROGIP)
AGRI Italy Platform Uncapped Guarantee Instrument
ALTER’NA – ESIF EARFD Nouvelle-Aquitaine
Baltic Innovation Fund 1 (BIF 1)
Baltic Innovation Fund 2 (BIF 2)
Central Europe Fund of Funds (CEFoF)
Croatian Venture Capital Initiative (CVCi FoF)
Competitiveness Fund-of-Funds for SMEs in Romania
The Cyprus Entrepreneurship Fund (CYPEF)
Deep and Comprehensive Free Trade Area Initiative East Guarantee Facility (DCFTA)
Dutch Growth Co-Investment Programme
Dutch Venture Initiative (DVI-II)
ESIF Fund-of-Funds Greece
EAFRD FoF Portugal
EAFRD FoF Romania
The ERP-EIF Facility
ERP-EIF Co-Investment Growth Facility
The LfA-EIF Facilities
The German Future Fund (GFF) - EIF Growth Facility
INAF – French National Agricultural Initiative
ESIF Energy Efficiency and Renewable Energy Malta
Regional Fund-of-Funds Romania
ESIF Fund-of-Funds Czech Republic
The Silesia EIF Fund of Funds
La Financière Région Réunion
The EIB Group Risk Enhancement Mandate (EREM)
Greater Anatolia Guarantee Facility (GAGF)
G43 - Anatolian Venture Capital Fund Project
InvestBG Equity Instrument
Romania Recovery Equity Fund of Funds
JEREMIE Romania Reflows – Equity Instrument
Luxembourg Future Fund (LFF)
Mezzanine 'Fund of Fund' for Germany (MDD)
Polish Growth Fund of Funds (PGFF)
Portugal Venture Capital Initiative (PVCi)
Scottish-European Growth Co-Investment Programme
Slovene Equity Growth Investment Programme (SEGIP)
Swedish Venture Initiative (SVI)
Turkish Growth and Innovation Fund (TGIF)
Western Balkans Enterprise Development & Innovation Facility (WB EDIF)
EAFRD FoF Greece
Irish Innovation Seed Fund (IISF)

Neapolide Cooperativa Sociale: rascals at work


“I wanted to bring together two vulnerable realities: women in jail and small coffee producers from the south - to valorise local tradition and foster social inclusion at the same time” says Immacolata Carpiniello, Manager of Neapolide Cooperativa Sociale, a spin-off of Lazarelle cooperative.

Back in 2010, Immacolata founded the Lazarelle cooperative in Pozzuoli, Napoli, in southern Italy. The idea was to create a coffee roaster inside the jail premises and run the whole production line from there: processing the raw material, blending the coffee and packaging it for sale. But the main point is the impact that this project can have on the lives of detainees: “Typically, female prisoners only have access to activities such as sowing, reading and decoupage,” explains Immacolata, “With us, they’re acquiring skills, learning a profession and improving their employability. They learn about responsibility, discipline, deadlines, and build confidence. This will help them reintegrate into society and the workforce when they get out of jail. Most detainees found themselves in jail simply because they needed money. So we try to help them be self-sustainable and support their families when they are out,“ she adds, “and ex-convicts also become mentors – at work and in life.”

Both the name - Lazzarelle, meaning ‘rascals’ in Neapolitan dialect - as well as the branding, were chosen by the inmates themselves. “We usually have 3-5 detainees working alongside 3 full-time staff members. It’s the first step in re-integration into society. Over the past 7 years, we’ve had 62 female detainees go through the project. I remember each and every one of them” says Immacolata.

The project has a strong sustainability dimension also on the environmental front, using recyclable plastic for packaging, avoiding capsules which have a heavy environmental impact, and recycling coffee waste to make fertiliser.

With the cooperative doing well, Immacolata wanted to add an external point of sale for the coffee, and she won a tender to set up a coffee point in a historical gallery between the National Archaeological Museum and the Academy of Fine Art. With the help of an EU-guaranteed loan from Banca Etica, Immacolata managed to set up the coffee bar, renovating the space and purchasing the necessary machinery and furniture. The new bistro, that opened in September 2018, will create jobs for 6 detainees and 3 more persons.

“Coffee is a big part of Italian culture,” Immacolata concludes, “It brings people together in cafés, living rooms, dinner tables, offices... Now, female prisoners can be part of the society as well. They don’t feel invisible anymore.”

Company: Neapolide Cooperativa Sociale (Italy)

Type of business: social enterprise

EIF financing: EaSI Guarantee Financial Instrument (Social Entrepeurship)

Financial intermediary: Banca Etica

For further information about EIF intermediaries in Italy, please refer to: http://www.eif.org/what_we_do/where/it/index.htm


We use cookies to give the best browser experience on our website. or change cookie settings.

Note: Following the recent withdrawal of the United Kingdom from the European Union, we are updating the relevant EIF.org pages.


Copyright ©

 European Investment Fund   – The European Investment Fund is not responsible for the content of external internet sites.