Project description
Building a social economy in the Baltic states
Integrated Baltic Ecosystem for Social Innovation (IBESI) is a Horizon Europe project aimed at raising awareness and facilitating access of Baltic States’ social entrepreneurs to the resources of local and pan-European “traditional” innovation ecosystems. In light of a shortage of social enterprises with profit-generating business models and their poor integration within existing entrepreneurship ecosystems, the project will take on several initiatives over the next 24 months to achieve its three expected outcomes: 1) improved connections with innovation ecosystems, 2) wider access to alternative financing and 3) tested innovation models with the potential of scale-up and replication. In short, the IBESI project aims to help Baltic social enterprises become more competitive.
Objective
Social entrepreneurship is still developing in the Baltic States. There are low numbers of social enterprises (SEs), and most of them lack profit-generating business models. Moreover, social entrepreneurs lack connections with the overall innovation ecosystem.
The goal of the Integrated Baltic Ecosystem for Social Innovation project (IBESI) is to ease the access of Baltic States’ social entrepreneurs to the resources of innovation ecosystems. Two objectives will help to achieve this goal. First, the project aims to strengthen the social economy of the Baltic States by integrating social innovation actors with existing entrepreneurship ecosystems. Second, it aims to increase the number of the region’s social economy actors having strong entrepreneurial skills. The project also intends to encourage the transfer of knowledge and interlinking between a more mature social innovation market - the Nordics - and Baltic States as well as between social innovation actors within the region.
The activities of the IBESI project target key challenges preventing the development of the social economy in the region. Social innovation training for hubs will improve entrepreneurs’ knowledge about social innovation and their motivation to contribute to this sector. Hackathons aim to decrease the lack of SEs in the region, while accelerators that partly rely on the knowledge transfer between social entrepreneurs and experts from other sectors will ensure that social entrepreneurs have the competencies necessary to develop successful SEs. The mapping of the social finance ecosystems in the region and crowdfunding pilots will improve SEs confidence to apply various financial strategies, while Nordic/Baltic workshops for investors will encourage impact investments. The reports, study visits and workshops for policymakers intend to scale successful innovation models from the Nordic to the Baltic countries.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
This project's classification has been validated by the project's team.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
This project's classification has been validated by the project's team.
- social sciences economics and business business and management innovation management
- social sciences economics and business business and management entrepreneurship
- social sciences economics and business business and management business models
- social sciences economics and business economics sustainable economy
Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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HORIZON.3.2 - European innovation ecosystems
MAIN PROGRAMME
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HORIZON.3.2.3 - Joint programmes close to innovators
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
HORIZON-CSA - HORIZON Coordination and Support Actions
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) HORIZON-EIE-2022-CONNECT-01
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
51005 Tartu
Estonia
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.