Building entrepreneurial communities to tackle youth unemployment in CEE and SEE.
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Presentation given at the 5th Economist EU-Southeast Europe Summit on 5.10.2016
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Building entrepreneurial communities to tackle youth unemployment in CEE and SEE.
- 1. 1 Building entrepreneurial communities to tackle youth unemployment in CEE and SEE. Matthias Reisinger Economist EU-SE Europe Summit
- 2. 2 Everyone has ideas that might change the world. But where does one go to make them happen?
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- 8. Community Inspirati T o eamw n ork MotivationSpace Support Entrepreneurhip Friendship People Fun Events SocialCo-working Ideas Learning Laughter Networking Dreams Passion Connection Collaboration Celebration Respect Partnership
- 9. 9 Global OPEN IMPACT HUBS86 16.000+ MEMBMERS IMPACT HUBS IN THE MAKING21 COUNTRIES60+ Austria NEW START-UPS AND INITIATIVES FOUNDED 120 540+ MEMBERS NEW JOBS CREATED503 CO-WORKING & EVENT SPACE 1.200m2 OTHER FINANCIAL FIRST IMPACT FIRST 70% 7% 23%
- 10. 10 Ourprograms in partnership with WWF Our Programs
- 11. 11 IMPACT STARTUPS ACCELERATED IN 2015 (175 in 2016) OF MEMBERS RECORDED DOUBLE- DIGIT REVENUE GROWTH IN 2015. 75 60 % OTHER 10% INTENTIONFORMING 28% IDEADEVELOPMENT 16% START-UPINITIATE 28% UPANDRUNNING OPERATIONS 16%SCALING 3%
- 12. 12 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. 3
- 13. 13 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
- 14. 14 Youth unemployment, ages 15-24, in 4 SEE countries has a rate above 50% (World Bank, 2015): Bosnia & Herzegovina58% 50% IMPACT IN THE SEE REGION Greece54% Macedonia51% 50%Serbia50% 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
- 15. 15 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
- 16. 16 MANY COUNTRIES, ONE VISIONLocal 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 countries2019
- 17. 17 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 20164631 cross-sector partnerships (public, private, NGO, academia)120 of teams that submitted successfully launch their business60% teams awarded with €85.565 seed funding and continuous support 34
- 18. 18 LET’S MAKE CEE THE ROLE MODEL REGION FOR SOCIAL INNOVATION What do we need? YOU!
- 19. 19 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!