Social Impact Measurement Tools for Young Social E..
Social Impact Measurement Tools for Young Social Entrepreneurs
Start date: Aug 1, 2015,
End date: Jul 31, 2017
Overall objective of this project is strengthening social entrepreneurship as a sustainable and reliable model to solve social problems. Our specific objective is equipping young social entrepreneurs to become more impactful through improving their capacity on social impact analysis. Our strategy is to create an awareness among social entrepreneurs and eco-system developers, to increase access to knowledge by developing materials in native languages, and to increase skills of social entrepreneurs by providing training and coaching program.Our target group is young start-up social entrepreneurs as many social entrepreneurship leaders are young and even though they are inspired, they are not much experienced in defining and measuring societal objectives, which results less public benefit, less public support and less funding. Young start-up social entrepreneurs have much potential and energy, but no experience. Without guidance, the risk to fail is high. In addition, start- up social entrepreneurs are focused on their business models and getting funding rather than tracking their social impact. That is why, we need to establish necessary mechanism to support these young social entrepreneurs.The Europe 2020 strategy recognizes entrepreneurship and self-employment as key for achieving smart, sustainable and inclusive growth, and several flagship initiatives address them (www.ec.europa.ec). In its support to entrepreneurship and self-employment, the EC focuses its efforts on business start-ups by unemployed and people from disadvantaged groups, sustainability and quality of work of self-employed businesses and micro-entrepreneurs; and support for social entrepreneurs. According to the Eurostat, youth unemployment rate is 23.4 % in the Euro Area. The concept of social entrepreneurship might be an alternative way to strengthen the situation of young people in the EU. In the face of increasing economic, social and environmental pressures it could be rightfully argued that social entrepreneurship should be on the agenda of both non-governmental and business organizations.The project would consist of three consecutive parts:In a first phase running until the end of 2015 the project would conduct a comprehensive and complementary need analysis report among social entrepreneurs in Estonia and in Turkey through workshops among social entrepreneurs (in total 20 participants) and ecosystem developers (in total 30 participants), expert interviews (in total 30 participants) and a study of online social impact communication (in total 150-300 social businesses) before developing the social impact analysis framework and the training tools and program (Social Impact Analysis Guide).In a second phase ending in July 2016 the project would develop a social impact analysis framework, a comprehensive training tools and program (Social Impact Analysis Guide), select 15 young social entrepreneurs from Estonia, and 15 from Turkey to participate to the program, conduct an international training boot camp in Turkey with the participation of these 30 young social entrepreneurs and 11 trainers.In the third and last phase ending in July 2017 the project would develop the best practices on social impact analysis for social entrepreneurs with monitoring-evaluation and coaching program; and disseminate (dissemination conferences with 195 participants in total), promote the project outputs to increase the capacity of young social entrepreneurs on social impact analysis at national and European levels.The expected results on participants and participant organisations include:Increased awareness of the benefits of social impact analysis among ecosystem developers, social entrepreneurs and social investors.Increased skills of young start-up social entrepreneurs on social impact analysisIncreased training and coaching capacity on social impact analysis of ecosystem developersIncreased access to knowledge on social impact analysis among ecosystem developers, social entrepreneurs and social investors.Increased peer learning opportunities between social entrepreneurs via training and social impact web portalThe main outputs of the project, “social impact analysis framework, training tools and program (social impact analysis guide), best practice compendium on best social impact analysis cases for the use of the young social entrepreneurs and ecosystem developers such as social investors, social entrepreneurship centers, socially entrepreneur civil society organizations”, will be shared on the social impact web portal developed during the project as a resource and knowledge center. Next phase after this project could be to transfer the knowledge developed during the project to the on-line education platform.
Get Access to the 1st Network for European Cooperation