Social Investments Fund

SIF is a promoter of social entrepreneurship and social innovations in Lithuania and the Baltic Sea Region.


“Improvement of the social entrepreneurship networking and educational possibilities in the Baltic Sea region”

Taking into account the necessity of tackling with social challenges social entrepreneurship (SE) has been recognized as a powerful tool to engage people and solve a lot of issues. However, a lone fighter is never enough, so the network building is the key to success of social enterprises on a country, regional or international level. Social entrepreneurship in some European countries is still weak and needs the special effort of promotion, legal support, financial investments, networking or simply more information on opportunities and effective management to make an impact and Baltic Sea region is not an exception.

One of the support instruments run by Baltic Sea region countries’ NGO network is online platform that gathers information about social entrepreneurship practices, development opportunities, researches and events connected to SE, as well as contains the database of social enterprises to collaborate with. It was created in terms of Erasmus+ project „Social entrepreneurship development in Baltic Sea region (SEBS)“ in 2014 and since then has accumulated some knowledge on the topic.

At the end of 2017 the new project of NGOs from Latvia, Lithuania, Estonia, Iceland, Poland and Denmark has been launched as continuation of SEBS project in order to provide more qualitative support for social entrepreneurship network in Baltic Sea region for the next two and a half years, adding new partner countries and organizations to the partnership. The title of the new project is “Improvement of the social entrepreneurship networking and educational possibilities in the Baltic Sea region” and its main objective is to continue development and widening of new network and share best practices by promotion, education, advocacy and research about  social entrepreneurship within Baltic Sea region countries. The project will also help to improve performance and efficiency of existing and new startups in the field of social economy.

Project partners involved:

Social Innovation centre (Latvia),

Sociale Entreprenører i Danmark (Denmark),

Stowarzyszenie „Baltycki Instytut Spraw Europejskich i Regionalnych“ (BISER) (Poland),

Social Entrepreneurship Academy of Finland (Finland),

Kveikja (Iceland),

Eesti Külaliikumine Kodukant (Estonia),

Socialiniu investiciju fondas (Lithuania).

The expected results of the project will be:

The project has been started on 1.12.2017 and will last until 31.05.2020.

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The content of this publication is sole responsibility of the project coordinator and may not always reflect the views of the European Commission or the National Agency


Social Investments Fund (SIF) is taking part in the ERASMUS+ funded project on social entrepreneurship. SIF is a promoter of social entrepreneurship and social innovations in Lithuania and the Baltic Sea Region.

In September 2014, the project has been granted and started its realisation. The first meeting of the partners took place in Riga, during 10 – 12 of November. Combining partners meeting with Social entrepreneurship forum. Partners presented shortly current status of social entrepreneurship in respective countries.

EUROPE 2020 states that growth has to be delivered through strong emphasis on job creation and poverty reduction. Social entrepreneurship (SE) is exactly new method to be used to overcome existing challenges as its main aim is to bring positive impact to society.

In the “Social economy and social entrepreneurship”‘ Social Europe Guide Volume 4 (2013) it is said that several key challenges of Social economy (build be SE) are found and those are:

  • lack of visibility;
  • lack of specialised training;
  • lack of support network and infrastructure;
  • access to finance;
  • lack of uniform regulation.

Seven SE support organisations across the Baltic Sea developed idea to have a better educational and overall support for SE in Baltic Sea region.

Project objectives:

  • Facilitate SE sector development in Baltic Sea region through proper adults education;
  • Educate public bodies, municipalities, NGO’s and other players about relevant tools of SE support at national and regional level;
  • Research SE and share research findings, incorporate those in the legislative, education and other support methods and tools;
  • Start and promote open educational tool as a network and startup tool to start national and cross border SE activities;
  • Create stable SE support organizations network and SE network.

In terms of the project was created an online platform, support organizations network:

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This project is co-financed within Erasmus+ program KA2 Strategic partnership. The information and views set out in the project materials are those of the authors and do not necessarily reflect the official opinion of the European Commission.

Please, contact SIF CEO Mindaugas Danys for more information.


The latest EU Report on Social Entrepreneurship (2016)