ESCF | European Social Catalyst Fund

Summary
As societies evolve and the challenges they face take on old and new form and expression, it is vital that governments and their partners find ways to best serve their citizens. As governments’ management of and impact on the most vulnerable in society is increasingly in the spotlight, innovation in social services delivery is critically needed. This brings into sharp focus why and how a European Social Catalyst Fund (ESCF) can be a key stimulus factor in the delivery of socially innovative initiatives that have the capacity to scale to make a real impact at national and international levels. This proposal intends to establish the ESCF and is based on practical social innovation experience garnered by the Consortium, working with philanthropy and government to bring about sustainable improvements for service users, across a range of social services. The ESCF is designed to bring together public and private resources in a range of collaborations that focuses on the role that philanthropy and social impact finance can play in working with governments to help re-focus public spending in a more cost-effective direction in the interest of EU citizens. Innovations in social services will be identified and supported through the ESCF to develop robust implementation plans to enable scaling. The implementation plans funded from the call will be transferrable across EU countries, subject to tailoring aspects to fit local cultural and operational environments. The Consortium has demonstrated experience of embracing the catalytic role that private finance can play in creating innovations and offers a highly viable route to achieving scale by the public sector. Learnings from this process will be utilised to design a further phase of the ESCF which will focus on supporting the implementation of scaling of innovations.
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More information & hyperlinks
Web resources: https://cordis.europa.eu/project/id/870757
Start date: 01-01-2020
End date: 31-12-2021
Total budget - Public funding: 250 000,00 Euro - 250 000,00 Euro
Cordis data

Original description

As societies evolve and the challenges they face take on old and new form and expression, it is vital that governments and their partners find ways to best serve their citizens. As governments’ management of and impact on the most vulnerable in society is increasingly in the spotlight, innovation in social services delivery is critically needed. This brings into sharp focus why and how a European Social Catalyst Fund (ESCF) can be a key stimulus factor in the delivery of socially innovative initiatives that have the capacity to scale to make a real impact at national and international levels. This proposal intends to establish the ESCF and is based on practical social innovation experience garnered by the Consortium, working with philanthropy and government to bring about sustainable improvements for service users, across a range of social services. The ESCF is designed to bring together public and private resources in a range of collaborations that focuses on the role that philanthropy and social impact finance can play in working with governments to help re-focus public spending in a more cost-effective direction in the interest of EU citizens. Innovations in social services will be identified and supported through the ESCF to develop robust implementation plans to enable scaling. The implementation plans funded from the call will be transferrable across EU countries, subject to tailoring aspects to fit local cultural and operational environments. The Consortium has demonstrated experience of embracing the catalytic role that private finance can play in creating innovations and offers a highly viable route to achieving scale by the public sector. Learnings from this process will be utilised to design a further phase of the ESCF which will focus on supporting the implementation of scaling of innovations.

Status

CLOSED

Call topic

GOVERNANCE-19-2019

Update Date

27-10-2022
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Horizon 2020
H2020-EU.3. SOCIETAL CHALLENGES
H2020-EU.3.6. SOCIETAL CHALLENGES - Europe In A Changing World - Inclusive, Innovative And Reflective Societies
H2020-EU.3.6.2. Innovative societies
H2020-EU.3.6.2.2. Explore new forms of innovation, with special emphasis on social innovation and creativity and understanding how all forms of innovation are developed, succeed or fail
H2020-SC6-GOVERNANCE-2019
GOVERNANCE-19-2019 A European Social Catalyst Fund to scale up high performing social innovations in the provision of social services