At a Glance

Location: Bucharest & Ploiești, Romania

Impact Area:
Labor Inclusion

People Supported:
Youth

Joined NESsT Portfolio:
2014

www.concordia.org.ro/acasa

Overview

In Romania, there are many families with children who live on the streets and require social reintegration. Unfortunately, there is little support to help them get back on their feet, both personally and professionally. CONCORDIA Bakery provides job opportunities for the best students from its CONCORDIA Vocational School. The students are young people from vulnerable families or those who live on the streets and are looking to reintegrate into their communities.

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Results & Impact 

10

graduates hired in bakery

60+

bakery school graduates

15

graduates hired on the open labor market through mediation

Joining the NESsT portfolio had a double added value for the development of CONCORDIA Bakery. First of all, the funding facilitated by NESsT helped us acquire some equipment that has been very useful in the production and distribution work of the bakery. This has allowed us to broaden our customer base and improve customer support, which has helped to increase the sustainability of CONCORDIA Bakery. Secondly, NESsT’s support through accessing corporate professionals who have provided us with pro-bono consulting and the opportunity to take part in business courses helped us to increase our entrepreneurial skills and improve our management processes.
— Alice Stavride, Director, CONCORDIA Development Romania

NESsT Investment

CONCORDIA Bakery joined the NESsT portfolio in 2014. Since then, NESsT has invested financial capital, as well as tailored business development support in the organization. 

NESsT's key support focus has been to help CONCORDIA create and implement a sales strategy and achieve sustainable business growth. Our on-the-ground portfolio team in Romania supported CONCORDIA to recruit and hire a sales coordinator and to network and leverage additional sales opportunities and support. In addition to providing one-on-one mentoring, NESsT also invested financial capital to allow CONCORDIA to hire essential staff, equipment and software to grow its business.