Founded pursuant to Law n° 59 of 31 January 1992, Coopfond has operated since 1993 as a joint stock
company with a share capital of Euro 120,000.
In twelve years of activity, the fund has accumulated (at date of last financial statements) a total of Euro
240 million and has agreed 380 investment files for a total investment of Euro 318 million. This
investment in equity allowed the financed co-operatives to invest Euro 1508 million and preserve or
create more than 15341 jobs.
This fund is generated by the collection of 3% of the annual profit made by all Italian co-operatives
member of Legacoop (Lega Nazionale delle Cooperative e Mutue) and the residual worth of co-operatives
who closed down.
The company is supervised by the Italian Ministry of economic development.
By law, Coopfond may finance Italian co-operatives only.
The business purpose of Coopfond is to manage a mutual benefit fund for the promotion of
The aims of Coopfond are :
They mainly invest in three fields :
The beneficiaries are selected on a financial plan which must be established in concordance with the
business plan delivered by Coopfond. After 5/7 years the co-op must be self-financed and must be able to
Coopfond withdraws from the co-op by selling his shares to the co-operators.
The financed co-operative is monitored by Coopfond.
Coopfond also provides help and assistance to the co-operative.
The beneficiaries are the following :