Finance your social innovation - Toolkit

The "Finance your social innovation - Toolkit" was created under the auspices of the European Social Innovation Competition, which is managed by the European Commission. This initiative receives support from the European Innovation Council, an entity focused on fostering innovation across Europe. The toolkit was uploaded to the database on March 20, 2024, and is publicly accessible via the provided link.

This newly released funding toolkit aims to assist early-stage social innovators in bringing their projects to fruition. It serves as an essential resource for individuals and organizations seeking to develop sustainable housing solutions and other social innovations. By providing clear, actionable guidance, the toolkit helps innovators navigate the often complex landscape of funding opportunities available within the European Union.

The toolkit is designed as a user-friendly guide that follows a metaphorical trajectory resembling that of a rocket, guiding users from the initial conception and design stages to the point of lift-off, or successful implementation of their projects. It outlines all necessary steps, including laying the groundwork, accessing funding, and utilizing early-stage finance tools and providers. Crucially, it highlights specific EU funding opportunities relevant to social innovation, making it a tailored resource for start-ups and innovators focused on sustainable housing.

What sets this toolkit apart from others is its specific focus on early-stage social innovators and young start-ups. It caters to those who are still in the process of formulating their business models and plans. By providing comprehensive information and guidance, the toolkit enables users to gain insights into the funding landscape, thereby enhancing their chances of securing necessary financing.

Users of the toolkit can expect to find a wealth of resources, including practical tools that facilitate the application of theoretical knowledge. Additionally, inspirational case studies from across EU Member States provide real-world examples of successful social innovations, further motivating users to pursue their initiatives. The toolkit also includes expert contributions from well-respected figures in the social innovation sector, 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. Their insights lend credibility and depth to the information presented in the toolkit.

In summary, the "Finance your social innovation - Toolkit" is a vital resource for early-stage social innovators, particularly those interested in sustainable housing solutions. It offers structured guidance through the funding process and equips users with the necessary tools and inspiration to advance their projects. By focusing on the unique needs of social innovators, this toolkit aligns with the broader goals of fostering sustainable development and innovation across Europe.