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European Social Fund + – Actions to develop impact performance intelligence services – 2024

ESF+ - The European Social Fund aims at investing in human resources and implementing the European pillar of social rights.

2024-07-04
4.5 million euro
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Appeal framework

Call reference ESF-2024-SOC-IMP
Program European Social Fund + (ESF)
Institution European Commission
Sectors Cooperation & Development Culture, Media & Communication EU Membership Justice, Security, Defence Other Research & Innovation Services to organisations Technology & Digital
Beneficiaries All beneficiaries

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Call reference

ESF-2024-SOC-IMP



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Priorities and funded actions

Objectives

  • To promote informed and better investment decisions, greater market transparency, and performance benchmarking, with the objective to promote investments in social purpose entities (social enterprises, social start-up, impact firms, etc.) through enhanced data capabilities services, and impact management tools and practices
  • To provide the needed support to the development of new solutions (products, services, models, markets, processes etc.) leading to new or improved capabilities and relationships and better use of assets and resources
  • To overcome the inner tension between innovation or experimentation and business development or growth that are inherent to those actors already delivering services in the field of impact management as well as to those willing to exploit their expertise and know-how approaching the sector
  • To ensure the continuity of the actions after the period of Union

Priorities

  • Priority 1: To set up or bring at scale marketable innovative solutions for impact data verification, impact performance intelligence, or for any other knowledge-driven innovation models for better decisionmaking in the social impact investment market
  • Priority 2: To provide support to those actors currently delivering services or products, or those actors able and willing to design and develop new services or products that could help overcome the above-mentioned challenges
  • Priority 3: To provide enhanced data services and impact management tools and practices to social organizations of data, as well as impact management tools and practices to social organizations, with the aim of making them readily available on the market

Among financed actions

  • Impact data verification
  • Impact performance intelligence services

Eligibility

  • Be a legal person
  • Be a public or private entity
  • Be a non-profit making entity
  • Be established in one of the eligible countries:
    • EU Member States (including overseas countries and territories)
    • Non-EU states : listed EEA countries and countries associated to the ESF+ or countries which are in on going negotiations for an association agreement and where the agreement enters into force before grant signature: list of participating countries
  • A consortium composed of at least 2 entities must be constitued

Additional information

  • Initial duration of the action: between 24 and 36 months
  • Contact: EMPL-SOCIAL-IMPACT@ec.europa.eu

Useful

Guidelines: Click here

Other call documents: Click here

DG website: Click here

More information: Click here

Financement
  • Total budget of the call: 4.5 million euro
  • Amount of the grant: between 500.000 and 750.000 euro
  • Funding rate: up to 85% of the total eligible costs

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