WESTERN BALKANS – The RISE project selected 125 young entrepreneurs gathered in 44 teams from Albania, Bosnia and Herzegovina, Kosovo*, Montenegro, North Macedonia and Serbia to develop their social business ideas during the 3rd RISE Journey.
The renewal of the RISE Project
After the success of the first cycle, the RISE project has been renewed for three more years with the support of its partners. The project is supported with 1,4 million euros by Agence Française de Développement (AFD), the European Union and the Regional Youth Cooperation Office (RYCO).
RISE and its project partners, PULSE (Groupe SOS), Regional Youth Cooperation Office (RYCO), South East European Youth Network (SEEYN), the Franco-German Youth Office (OFAJ), ARNO, Balkan Green Foundation, Nesto vise, Smart Kolektiv, IEC Tehnopolis and Yunus Social Business Balkans will aim to open new spaces of reconciliation for the youth of the Western Balkans through social entrepreneurship.
This renewal of the RISE project will allow the implementation of new activities to contribute to the development of the social entrepreneurship ecosystem and to improve access for young people in the Western Balkans. Thus, a 3-day study visit in Paris for local incubators to interact with key actors in the field of social entrepreneurship in France, a regional hackathon to encourage innovation in the field of peace-building and many other activities will be developed during this second cycle.
The beginning of RISE Journey 3
RISE was looking for entrepreneurs aged between 18 and 35 in Western Balkans with the ambition to develop an idea with a social impact.
The call, launched in October, resonated throughout the Western Balkans region, and many responded. In total, 130 projects were submitted to local incubators. The selection process was complex, but 44 teams stood out with their motivation and innovative ideas.
The ideas covered many themes from an organic and local beauty products manufacture to an educational programme for people with disabilities, the new generation of Risers is determined to make an impact in their surroundings.
With the selection of the young social entrepreneurs completed, local incubators have started to implement the ideation chapter.
This phase is developed in each local incubator and coordinated at the regional level. The main objective of this chapter is to enable young Risers to transform their idea into a sustainable social enterprise model. During this phase, local incubators will provide access to a series of trainings, meetings, workshops, panel discussions and mentoring sessions about social entrepreneurship and interculturality.
At the end of the ideation chapter, a demonstration day is organised by local incubators for each team to present their social enterprise model addressing the identified problem, with impact and sustainability. Two best social entrepreneurship projects will be chosen to be supported with financial grants, a regional mobility program and a regional incubation program to make their ideas a reality.
On the project:
This project is co-funded by the Agence Française de Développement, the European Union and Regional Youth Cooperation Office. RISE project is developed in partnership with the Regional Youth Cooperation Office (RYCO), PULSE (Groupe SOS), South East European Youth Network (SEEYN), the Franco-German Youth Office (OFAJ), ARNO, Balkan Green Foundation, Nesto vise, Smart Kolektiv, IEC Tehnopolis and Yunus Social Business Balkans.