The Game of Creating a Social Enterprise for Youth

Project facts

Project promoter:
Establishment 'Business Development Fund'
Project Number:
LV03-0017
Target groups
Young adults
Status:
Completed
Initial project cost:
€19,991
Final project cost:
€19,692
From EEA Grants:
€ 16,837
The project is carried out in:
Rīga

Description

Social entrepreneurship is based on democratic values and strives to improve social, economic and environmental conditions in order to meet the needs of society which private or public sector does not adequately satisfy. Youth plays an important role in promoting social entrepreneurship because young people are more idealistic than adults, and are often willing to get involved actively with little or no pay at all to achieve social goals. Project aims to provide innovative preventive activities for reduction of social exclusion and poverty through individual discussions, educational training games about creation of social enterprises and exchange of experience with socially responsible companies. Young people will acquire new knowledge, experience, skills and competencies that will help to set goals in life and professional progress of education and/or employment in order to address social exclusion. The main project target group is 40 young people, aged 18 to 25.

Summary of project results

Social enterprises nowadays is a way how to reduce the possibility of youth being unemployed and socially vulnerable. Our project "The Game of Creating a Social Enterprise" was created to motivate and to teach practical skills to 40 young adults that would help in overcoming these obstacles. We formed 4 study groups attended by 40 participants. Duration of a training course was 80 hours. The participants took part in two experience-sharing activities. All participants were interviewed at the initial stage and at the conclusion of the project; the total duration of discussions was 164 hours. Two workshops where organized to inform the public and information about the project and its results have been disseminated in the media. Financial, institutional and political sustainability of the project results is ensured by wide range of possibilities to find a suitable local or international Call for proposals to finance a social enterprise, intellectual capacity of BAF and its partners, availability of information about social entrepreneurship and EU policy to promote the social entrepreneurship. By participating in various experience exchange events many participants of the project expressed their willingness to join non governmental organizations or to do volunteering jobs. As well, many of the young adults who participated in the project have improved their self-esteem thanks to our invidual approach and other methods included in the project. As the biggest gain of these young people who took part of this project are - knowledge on how to start a social enterprise, ability to come up with ideas that could turn into a real startup (social) enetrprise, improving their communication skills and working in groups, gathering new experience, improving their self-esteem and inner drive.

Summary of bilateral results