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News article26 August 2021

Finance your social innovation – New funding toolkit released

A new funding toolkit from the European Social Innovation Competition, run by the European Commission, with support from the European Innovation Council, has just been released to help early stage social innovators get their projects off the ground.

The free toolkit takes interested innovators through all steps, from laying the groundwork, how to access funding, early-stage finance tools and providers, specific EU funding opportunities and all the way through to next steps once funding is acquired.

The toolkit is mapped around the trajectory of a rocket, from conception and design through to lift-off. It provides simple steps for social innovators and early-stage startups to follow, and breaks down the various avenues of funding available to them.

This new funding toolkit is different to others as it focuses specifically on the early-stage social innovators and young start-ups, enabling those still formulating business models and plans to benefit from information and guidance.

Within the toolkit users will find information and guidance, specific tools for users to put theory into practice, and inspirational case studies from across EU Member States. Expert contributions from respected individuals such as Frank Appeldoorn, Managing Partner at Arches Capital, Holger Westphely, Acting Head of CAF Venturesome and Jakob Detering, Managing Director of Social Impact Award, are also available throughout the toolkit.

Download the toolkit today! it is available for all interested early-stage social innovators.

General publications26 August 2021
Social Innovation Funding Toolkit
Social Innovation Funding Toolkit cover
English
(2.44 MB - PDF)
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The European Social Innovation Competition

Launched in memory of social innovation pioneer Diogo Vasconcelos, the European Social Innovation Competition is a competition run by the European Commission, with support from the European Innovation Council across all EU Member States and Horizon Europe associated countries. Now in its 9th year, the Competition acts as a beacon for social innovators in Europe, employing a proven methodology for supporting early-stage ideas and facilitating a network of radical innovators shaping society for the better.

Each year, three €50,000 prizes are awarded for the best socially innovative projects designed to change the world for the better. The Competition supports the development of early-stage ideas through business accelerator support such as mentoring and coaching and the facilitation of a peer network of social innovators shaping the European society for the better.

The Competition addresses a different issue facing Europe and our societies each year. The 2021 theme is: “Skills for tomorrow – Shaping a green and digital future”.

More information can be found on the competition website.

If you have any questions, please contact the team at: info@socialinnovationprize.eu

Details

Publication date
26 August 2021