Why are we doing this?
Few issues have as acute a need for social innovation as tackling unemployment. 27 million people are unemployed across European Member States, with many millions more under-employed, in unsustainable employment, and economically inactive.
It is a major challenge – not least for the people who are searching for new jobs, but also for society as a whole. Europe is crying out for new ideas on how to unlock fresh talent, skills, experience and insights of people who have a great deal to offer to our economy and society.
What are we doing?
The European Commission, with Nesta’s help, launched two editions of a competition to meet this challenge of helping people move towards work or create new types of work.
For the second round of the competition, three equal cash prizes of €30,000 will be awarded to social innovations that have a real impact on helping unemployed people get jobs or creating new opportunities for work.
Here are some examples of positive impacts we are looking for:
- Increasing the number of unemployed people who move into work
- Increasing the earnings of un- or under-employed people
- Increasing the employment of disadvantaged or marginalised groups (e.g. young people, over 50s, people with disabilities, working mothers)
- Increasing the number of people becoming self-employed or starting their own businesses
The competition is now closed for entries. The three best project proposals will each be awarded a prize of €30,000 in May 2014.
Nesta is helping the EU Commission to provide expertise in challenge prizes and in social innovation to support the design and execution of the prize.
This is part of Nesta’s wider body of work on innovation in jobs.
Visit the website
For more information about the prize, visit the European Commission's website
Innovation in Jobs
Find out more about the work we're doing to find new and innovative ways to encourage innovation across the labour market system.
About the centre
Find out more about our Centre for Challenge Prizes