Social Innovation Prize: who will meet the job challenge?
Ten finalists have been selected for the second Social Innovation Competition.
The second edition of the competition was launched by the European Commission in October 2013 and is entitled ‘The Job Challenge’. It calls to improve their capacity to find a job or to create new social and environmental businesses.
According to the Commission, fresh ideas are urgently needed in Europe to restore social and economic welfare. The EU body says social innovation can stimulate a more dynamic, inclusive and sustainable social market economy and can offer business opportunities stemming from unmet social needs and societal challenges (for example, care for elderly people or recycling).
Three of the finalists will each be awarded a prize of €30,000 at the European Social Innovation Awards Ceremony in Brussels on 20 May 2014. A total of 1,200 proposals were submitted.
The prizes will be presented by Antonio Tajani, Vice-President of the European Commission, responsible for the Enterprise and Industry. The awards ceremony will include discussions involving social innovators, private investors and policy makers. The best ideas received throughout the competition will be placed at the centre of the event to showcase social innovation.
To find out more about the competition and read about the finalists, please click here.
