Open Projects

CLARA

100,0% €50.000,00 of €50.000
100% Funded
12 mth

term

5.2%

a year

B+

rating

sustainable_tourism

Sustainable tourism

8. Decent Work and Economic Growth

SDG 8. Decent Work and Economic Growth

9. Industry, Innovation and Infrastructure

SDG 9. Industry, Innovation and Infrastructure

11. Sustainable Cities and Communities

SDG 11. Sustainable Cities and Communities

Clara is a collaborative workspace meant for investigation, education and innovation

Impact

Attracting people to the Odemira region, developing the region, creating new job opportunities.

Project Information

While Odemira is the municipality with the largest territory in Portugal, its interior has one of the lowest population densities in Europe. The CLARA Project aimed to reverse these negative trends, through the restoration and reconstruction of a brick factory, that previously acted as an anchor for economic and social activity of the land. The aim of the project is to give back to the population of this location a totally new center, for the rural future. This project was funded with an amount of 400.000€ by the programme Valorizar from Portugal Tourism.

100% Funded
12 mth

term

5.2%

a year

B+

rating

sustainable_tourism

Sustainable tourism

8. Decent Work and Economic Growth

SDG 8. Decent Work and Economic Growth

9. Industry, Innovation and Infrastructure

SDG 9. Industry, Innovation and Infrastructure

11. Sustainable Cities and Communities

SDG 11. Sustainable Cities and Communities

Clara is a collaborative workspace meant for investigation, education and innovation

100,0% €50.000,00 of €50.000

Impact

Attracting people to the Odemira region, developing the region, creating new job opportunities.

Project Information

While Odemira is the municipality with the largest territory in Portugal, its interior has one of the lowest population densities in Europe. The CLARA Project aimed to reverse these negative trends, through the restoration and reconstruction of a brick factory, that previously acted as an anchor for economic and social activity of the land. The aim of the project is to give back to the population of this location a totally new center, for the rural future. This project was funded with an amount of 400.000€ by the programme Valorizar from Portugal Tourism.

Project Earth - Valorização Sustentável de Regiões de Convergência

Active since
2017
Operating in
Odemira
Industry
Arts & Culture
GoParity Loans
1
About Project Earth - Valorização Sustentável de Regiões de Convergência

CLARA is an established center for the rural future. It is also a collaborative workspace for research, training and innovation based on the multidisciplinarity of knowledge, reflection and production, promoting a creative environment where people live and work together for a certain period of time, stimulating discourse on local issues and encouraging commitment of all involved. 

The Business Model

The loan will allow CLARA to turn this project into reality. Also, it is backed by a co-financing contract by 'Turismo de Portugal', which is committed to refunding CLARA in 50% of their expenses

Track Record

CLARA is an established center for the rural future, committed to injecting life and dynamism in a traditionally stale district of the country

Promoter Rating: B+

Risk minimization and guarantees

Project Earth - Valorização Sustentável de Regiões de Convergência

Active since
2017
Operating in
Odemira
Industry
Arts & Culture
GoParity Loans
1
About Project Earth - Valorização Sustentável de Regiões de Convergência
CLARA is an established center for the rural future. It is also a collaborative workspace for research, training and innovation based on the multidisciplinarity of knowledge, reflection and production, promoting a creative environment where people live and work together for a certain period of time, stimulating discourse on local issues and encouraging commitment of all involved. 
The Business Model

The loan will allow CLARA to turn this project into reality. Also, it is backed by a co-financing contract by 'Turismo de Portugal', which is committed to refunding CLARA in 50% of their expenses

Track Record

CLARA is an established center for the rural future, committed to injecting life and dynamism in a traditionally stale district of the country

Promoter Rating: B+

Risk minimization and guarantees

Updates

Here you can find a history of the key milestones for this investment as well as any updates provided by the issuing promoter.

2019-05-27

Open for investment

2019-05-27

100% funded

2019-07-03

1st payment

Updates

Here you can find a history of the key milestones for this investment as well as any updates provided by the issuing promoter.

2019-05-27

Open for investment

2019-05-27

100% funded

2019-07-03

1st payment