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Building entrepreneurial communities to tackle youth unemployment in CEE and SEE.

Matthias Reisinger Economist EU-SE Europe Summit

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Everyone has ideas that might change the world. But where does one go to make them happen?

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Community

InspiratiToeamwnork

Motivation Sp

ace

Supp

ort Entrepreneurhip

Friendship People

Fun

Events

Social Co-working

Idea

s

Lea

rnin

g

Laughter

Net

wor

king

Dreams

Pass

ion

Connection Collaboration Celebration

Respect

Partnership

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Glob

al OPEN IMPACT HUBS 86

16.000+ MEMBMERS

IMPACT HUBS IN THE MAKING 21

COUNTRIES 60+

Austria NEW START-UPS AND INITIATIVES FOUNDED

120

540+ MEMBERS

NEW JOBS CREATED 503

CO-WORKING & EVENT SPACE

1.200m2

OTHER

FINANCIAL FIRST

IMPACT FIRST 70%

7%

23%

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Our p

rogra

ms

in partnership with WWF

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Our Programs

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IMPACT STARTUPS ACCELERATED IN 2015 (175 in 2016)

OF MEMBERS RECORDED DOUBLE- DIGIT REVENUE GROWTH IN 2015.

75

60 %

OTH

ER

10%

INTE

NTI

ON

FO

RM

ING

28%

IDEA

DEV

ELO

PM

ENT

16%

STA

RT-

UP

INIT

IATE

28%

UP

AN

D R

UN

NIN

G

OP

ERAT

ION

S

16% SCA

LIN

G

3%

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The Social Impact Award is Europe’s largest student competition on social entrepreneurship. It is a year round program guiding students from intentions into action by support them in building social enterprises that find solutions for the most challenging issues of our time. Founded in 2009 in Vienna, the Social Impact Award is currently active in 10 European countries.

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THE SOCIAL IMPACT AWARD CYCLE From intention to action

SUBMISSION DEADLINE

JURY + PUBLIC

VOTING

SIA EUROPE

SUMMIT

AWARD CEREMONY INCUBATION OF TOP 10

VENTURES

CONTINUOUS SUPPORT

FOR WINNERS

KICK-OFF & MEET THE

ENTPRENEURS

WORKSHOPS

(FREE OF CHARGE)

#SIAwinners2016

www.socialimpactaward.at

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Youth unemployment, ages 15-24,  in 4 SEE countries has a rate above 50% (World Bank, 2015):

Bosnia & Herzegovina 58%

50%

IMPACT IN THE SEE REGION

Greece 54% Macedonia 51% 50% Serbia 50%

These numbers will not decrease in upcoming years but instead either remain stable or even increase in CEE as a whole. (International Labour Organization)

=> Social Entrepreneurship as a key driver to tackle youth unemployment

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WHAT IS NEEDED?

In order to unfold this potential of social entrepreneurship as a means to overcome youth unemployment we need to recognize a multidimensional lack of support. The most important shortages in the region: (OECD)

Lack of role models Lack of resources

Lack of skill Lack of networks

All tackled by

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MANY COUNTRIES, ONE VISION Local teams promoting social entrepreneurship amongst students

Czech Republic

Romania

Slovakia

Greece

Russia

Macedonia

Serbia

Bosnia & Herzegovina

Montenegro

2013

2014

2015

2016

2012

Albania

Georgia

Hungary

Kosovo

Slovenia

Sweden

Switzerland

2017

2009 Austria

in all SEE countries 2019

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OUR IMPACT – SUPPORTING A MINDSHIFT

submissions this year in 10 countries (6 of these countries in SEE region) 500

people went through 178 workshops in 2016 4631

cross-sector partnerships (public, private, NGO, academia) 120

of teams that submitted successfully launch their business

60%

teams awarded with €85.565 seed funding and continuous support

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LET’S MAKE CEE THE ROLE MODEL REGION FOR SOCIAL INNOVATION

What do we need?

YOU!

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Matthias Reisinger Co-Founder & Managing Director Impact Hub Vienna matthias.reisinger@impacthub.net +43 650 842 74 72 http://vienna.impacthub.net http://socialimpactaward.net/ SIA Europe Summit Meet all Social Impact Award Winners: Monday, 24.10. 9:00 -10:30 @Impact Hub Vienna

Thank you & please get in touch!