Building Back Better Through Social Entrepreneurship
Project Description
Specific Objective
1. Enhance cooperation between educational institutions, businesses, and grassroots local organizations, leading to an increase in the quality of social entrepreneurship programmes. The project also aims to improve accessibility to education and ensuring relevant skills in the labor market for young people. 2,100 young future leaders will be active pillars in democracy, community involvement and policy dialogue through social enterprise creation.
2. Improve accessibility to impact financing (philanthropic and impact investing) and investing streams by enrolling the students’ selected social start-ups in a Social Entrepreneurship Pre-Accelerator Programme and granting them seed-funding under a revolving philanthropic sustainable funding model.
3. Increase the number of young people developing social enterprises and create at least 45 social enterprises as an outcome of the programme.
4. Strengthen the European attitudes and self-perception of Eastern European youth through empowerment and mentoring.
5. Foster the transition to a greener and more digital economy to strengthen social resilience.
Expected Results
2. A validated online self-assessment tool (ESP) for young social entrepreneurs to measure entrepreneurial mindset and skills.
3. A Pre-Accelerator programme for after-care, providing non-financial support (technical assistance, incubation and capacity building) as well as potential access to follow-up funding and impact investors for the students that develop a social enterprise at the end of the programme.
4. A revolving funding model providing early-stage philanthropic funding to social entrepreneurs and impact students, developed into three national funding models in the implementing countries.
5. A Guidebook (white paper) on the project methodologies and impact presented to the relevant actors in the implementing countries.
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PROJECT DETAILS