In evidence

Social innovation call for proposals: actions to develop impact performance intelligence services for the social impact investing market actors

Description

The expected outcome of this call is to promote informed and better investment decisions, greater market transparency, and performance benchmarking, with the objective to promote investments in social purpose entities (social enterprises, social start-up, impact firms, etc.) through enhanced data capabilities services, and impact management tools and practices

Hence, this call will match the need expressed by many actors in the market, which are showing an increasing data hunger, not enough addressed by current public and private initiatives.

Scope:

The objective of the call is to promote the provision of enhanced data capabilities services, as well as impact management tools and practices to social purpose entities (such as –but not exclusively- social enterprises, social economy entities, social start-up, impact firms) to increase their social impact investment capacity.

A stronger, more transparent, and better functioning market for social impact investment is instrumental to deliver on the European Pillar of Social Rights by promoting investments in many of the areas covered by its principles, and especially the following: 3. Equal opportunities, 4. Active support to employment, 5. Secure and adaptable employment, 11. Chilcare and support to children, 12. Social protection, 17. Inclusion of people with disabilities, 18. Long-term care, 19. Housing and assistance for the homeless, and 20. Access to essential services.

Info

OPENING DATE: 27.03.2024

DEADLINE: 04.07.2024

INDICATIVE OVERALL GRANT BUDGET FOR THE CALL: 4 500 000 EUR

MEASURE: ESF-2024-SOC-IMP