The training module “Social Enterprise from Niche to Norm” was developed for existing traditional business hubs. The main objective of the training pilots was to inform traditional startups and businesses about social entrepreneurship and social innovation concepts. 3 pilots were conducted, once in each Baltic State.
Three virtual workshops were organized for the investor community to draw in experience from the Nordic region for building capacity and interest among existing and potential Baltic SE investors.
Two SE hackathons were conducted. These supported the development of early-stage business ideas and the creation of new SEs as well as assisted existing NGOs to take the next step to become more entrepreneurial by developing new revenue streams and business models. 29 teams benefited from the hackathons.
The “Impact Valley Accelerator” aimed to support the development and growth of social enterprises/impact businesses to help them become more financially resilient, scale, and eventually fundraise. Both patches were highly successful, supporting 30 teams.
The project ran a “Crowdfunding pilot” to introduce crowdfunding as an alternative form of finance to over 30 social enterprises. The evaluation provides rich findings to improve future alternative finance SE support programmes in the Baltics.
A Scaling Social Innovations event series was organized for regional policy makers and other social innovation stakeholders. The goal was to facilitate exchange of best practices in supporting social innovation. Over 80 participants.
An “Alternative Finance Roadmap” was published. The main goal of the roadmap is to provide a quick overview of key funding and financing instruments accessible to SEs in the Baltic countries.
The “Social Innovation Best Practices” report showcases best practices in social innovation across the Nordic and Baltic regions and serves as a practical resource for policymakers, social entrepreneurs, and stakeholders.
A “Replication Toolkit” was created which includes the project’s main insights and materials:
https://bia.ee/ibesi-replication-toolkit/(odnośnik otworzy się w nowym oknie).
Throughout the project, the consortium fostered interlinkages between various actors in the Baltic ecosystem through the ‘Impact Community’ on Slack. Community of 600+
Altogether the various activities connected the social innovation stakeholders with the wider innovation ecosystem through trainers, mentors, and investors of various backgrounds.
