Act4Greece

Act4Greece: The power of many in action

What is the act4Greece platform?

The act4Greece platform was launched for the first time in Greece in 2016 by National Bank of Greece, with a view to enabling the gathering of financial resources from all over the world, and then directing these resources to specific projects implemented by various bodies.

The core philosophy of the crowdfunding method encouraged and raised awareness among citizens to contribute, as much as possible, to the implementation of projects that were sorely needed in Greece.

Act4Greece was a ground-breaking initiative of NBG which aimed at promoting social and developmental banking, and was governed by regulations that set out in detail its purpose and modus operandi, as well as the bodies that exercise the running and decision-making regarding the actions scheduled for implementation.

Transparency and accountability were the key factors guaranteeing the effectiveness and quality of Act4Greece, as the annual audit of its activities and handling of the funds raised were undertaken by auditors Grant Thornton in tandem with the Managing Committee, whose reports were submitted both to the Bank's bodies and to the Minister of Labor, Social Insurance and Social Solidarity.

Information on act4greece

Key pillars of the program

The key pillars of this program that covered the needs of our society and were directly linked to Sustainable Development Goals (SDGs) were:

1. Welfare, Health, and Solidarity

2. Social Economy & Entrepreneurship

3. Culture & Cultural Entrepreneurship

4. Young & Innovative Entrepreneurship

5. Environment & Sustainability

6. Research, Education, and Training

7. Sporting Activities

Strategic Partners

The strategic partners of the program, with primarily an advisory role, including organizations and foundations of international standing, with many years of experience and recognised contribution to matters of social, economic and cultural interest were the following: the Alexandros S. Onassis Foundation, the Greek National Commission for UNESCO, the Bodossaki Foundation, the John S. Latsis Foundation, and the Hellenic Network for Corporate Social Responsibility –CSR Hellas.

Indicative actions

In its first phase the Act4Greece program focused on creating financing through donations, gathering funds from the program participants.

These actions included:

Culture & Cultural Entrepreneurship
Restoration of the ancient theater of Cassopi (with the support of DIAZOMA). Funds raised: €80,000
Repair of two theatre venues (with the support of the Karolos Koun Art Theatre). Funds raised: €108,176
Replacement of the audience seating at the Olympion movie theater (with the support of Thessaloniki Film Festival). Funds raised: €1,670
Welfare, Health, and Solidarity
School meals in West Attica, Mandra, Trikala, Kavala (with the support of the Ministry of Labour, Social Insurance & Social Solidarity). Funds raised: €1,312,368
Solidarity to the victims of the 2018 Attica wildfires (with the support of NBG). Funds raised: €1,258,572
Model Playground for children with vision problems and additional disabilities (with the support of AMYMONE). Funds raised: €47,000
Medical care and humanitarian aid in frontier islands of the Eastern Aegean (with the support of Médecins du Monde). Funds raised: €127,107
Environment & Sustainability
Environmental restoration of a burnt section of the route on the Athens Authentic Marathon route, titled "Runners' Forest", organized by the Hellenic Athletics Federation (SEGAS). Funds raised: €2,127,131

Further information

Today, we are redesigning the Act4Greece platform.

Until the platform is relaunched you can get further information by calling us at 210 3341833,

210 3343106.