CHEST is a 30 month Collaborative project co-financed with support from the European Commission through FP7. The aim of the project is simple. To provide a forum that will enable entrepreneurs and innovators from across the EU to propose new solutions that have the potential to address key societal challenges, so called ‘social innovation’. In addition to the creation of an online community platform that will facilitate the sharing and exchanging of ideas, CHEST will invest up to €2.5 Million in highly innovative ideas through the launch of two open funding rounds. Social entrepreneurs will be invited to not only propose new ideas with the potential to receive support but also evaluate and discuss the ideas of others with highest rated projects selected for funding.
- To facilitate the generation of community derived ideas that address societal challenges, supporting knowledge exchange, the development of best practice, discussion and collaborative activity.
- To invite social entrepreneurs from across Europe to submit their ideas through two open funding calls for proposals, which will then be evaluated by both the crowd community and external independent evaluators, with the highest rated proposals each receiving support for continued development and realisation.
- To transform the novel ideas selected into viable added value social initiatives.
- To communicate the results of the project across the EU and to engage with key communities, investors and incubators active with an interest in digital social innovation to ensure the sustainability of the programme with the potential to facilitate crowd funding to finance future projects and ideas.
Learn about the CHEST Challenge Workshop on Co-Designing and Funding Digital Social Innovations, Tuesday 8 July, Berlin:
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