The underlying issue & What makes OUR project different?
Young social entrepreneurs have difficulties tracking their social impact; cannot perceive their intended and unintended positive effect, use resources ineffectively and create less public benefit. In addition, the problem of ineffective communication of their social impact with different stakeholders causes less public support and less funding which put social entrepreneurs under the risk of not being able to sustain their social businesses.
Among the EU funded projects, there is no project focused on social impact analysis, which is crucial to improve social impact of social businesses. Our project is the pioneer on developing a shared model on social impact analysis for young social entrepreneurs in the EU. Even though there are guides, tools for social impact measurement, there is no simplified social impact analysis framework, guides, best practice cases selected specifically for young social entrepreneurs.