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    Baltics impact investing Northern Europe Financial Solutions

    Tailored financial tools for social entrepreneurs

    Social entrepreneurs face unique challenges in balancing profit and purpose, requiring specialized financial tools to drive both social impact and sustainable growth. This article explores several tailored financial solutions available for social entrepreneurs in the Baltics and Northern Europe, designed to help these mission-driven ventures thrive.

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    When online meetings lead to real-life collaboration: Baltic Sea Impact Network members meet in Riga

    An exciting collaboration is taking shape as Baltic Sea Impact Network members take advantage of the mobility opportunity and meet in Riga.

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    Alternative Finance Roadmap: Guide to Navigating Funding Opportunities for Baltic Social Enterprises

    The IBESI project has created the “Alternative Finance Roadmap”, which consolidates the most relevant funding sources for Baltic social entrepreneurs.

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    Next phase of the Baltic Sea Impact Network: New members and opportunities

    The Baltic Sea Impact Network - a transnational peer-learning network among social entrepreneurs from the Baltic Sea region - is entering its next phase. The network is expanding, as the membership increases from 32 to 50 social entrepreneurs, welcoming new members also from Denmark and Ukraine.

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    Developing impact investing ecosystems

    This fall, we launched the Nordic-Baltic Investor Skillsharing - a series of online workshops which gather investors from the Nordic-Baltic region who are already involved or interested in investing in social entrepreneurs. We give them an opportunity to exchange knowledge and foster new connections to strengthen the Baltic Impact Investing ecosystem.

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    Empowering civil organizations to maximize their impact

    We’re launching a new project which will strengthen the ability of civil society organizations to measure and manage their impact. Until February 2024, with funding from the Nordic Council of Ministers, we’ll collaborate closely with Civic Alliance-Latvia and Social Economy Ukraine. We’ll provide them with the tools and knowledge on how to measure their own social impact, and will empower them to provide trainings and support within impact management for their member organizations.

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    Empowering Social Entrepreneurs to Support NEETs

    In Europe, a concerning statistic reveals that 11.5% of young people between the ages of 15 and 25 are neither in work nor in education. This critical period of their lives, when they should be embarking on their professional journeys, utilizing their acquired skills and knowledge, is instead marked by a struggle to find employment. This situation leads to frustration, economic hardship, and even mental distress, with potentially severe consequences for their well-being. At the same time, societies miss out on the opportunity to benefit from the talents and innovative ideas these young individuals possess.

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    Attracting Impact Investors

    Last month the social entrepreneurs part of the Baltic Sea Impact Network participated in an expert workshop on how to build successful relationships with investors. Check out 5 of the practical and down-to-earth suggestions on what to do first in order to gain investor’s interest and trust that emerged from the conversation.

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    Empowering Baltic social entrepreneurs

    Reach for Change is a partner in the newly launched Integrated Baltic Ecosystem for Social Innovation (IBESI) - a Horizon Europe project aimed at raising awareness and facilitating access of Baltic States’ social entrepreneurs to the resources of local and pan-European innovation ecosystems.

    Baltics news 2023

    Strengthening the social entrepreneurship ecosystem in Latvia

    Reach for Change Latvia has been chosen by the Latvian Ministry of Welfare as one of the partners in a large-scale cycle of social entrepreneurship activities under the name "Developing social entrepreneurship together!", financed by the European Social Fund.

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    New peer learning network for Swedish-Baltic social entrepreneurs

    Reach for Change Sweden, Social Enterprise Estonia, Social Entrepreneurship Association Latvia and the Lithuanian Social Business Association will pilot The Baltic Sea Impact Network - a new transnational network for peer learning between social entrepreneurs from the Baltic Sea region.