GREen, SOcial and DIgital
transition via
local impact ventures

Recognizing challenges, such as limited financial resources and lack of knowledge and skills, faced by impact ventures operating in rural areas in Hungary, Austria and Spain, the GRESODI project seeks to make the potential of entrepreneurship visible, providing access to resources, knowledge, and networks essential for fostering an entrepreneurial mindset. By addressing the obstacles faced by those committed to enhancing community life, the project not only aims to offer lifelong learning opportunities but also endeavours to impact communities by promoting locally driven green and digital social projects. The project pays particular attention to micro-entrepreneurs, people in , and women, with a territorial focus on rural areas.

The GRESODI partnership comprises social business support organizations specialized in the three key pillars - Spain-digital, Austria-green, Hungary-social aspects - of the project. By launching a transnational Call for Applications and inviting social entrepreneurs to participate in impact labs and bootcamps organized in the three countries, as well as to take part in an exclusive incubation programme, the project partners intend to promote 'twin' transition (green and digital), enhance knowledge and expertise among the target groups and increase awareness of social innovation and entrepreneurship.

To be selected for the programme, the applicants must develop a social business model canvas introducing their innovative green and/or digital social business ideas. Following the announcement of the winners (5 team/country), the entrepreneurs take part in an incubation programme supporting the successful and barrier-free implementation of their projects. In addition to the incubation package, consisting of  the training, mentoring, networking, and cross-border activities, the 15 winner teams are also provided with non-financial support tools, such as specific green and digital service vouchers by the partners.

A key feature of the incubation programme is the video pitch competition, allowing the 15 teams to present their projects in a digital format. This approach not only increases the visibility of the projects to a wider audience, but also invites constructive feedback and engagement from the global community.

The most compelling pitch will be recognized with a unique reward – a Travel Voucher. This voucher facilitates an educational visit abroad, enabling the winning team to select from Austria, Spain, or Hungary for their study trip. The aim of this visit is to foster knowledge exchange, offering the team an opportunity to explore new environments, learn from different cultural perspectives, and expand their professional network. The choice of destination rests with the winning team, allowing them to tailor their learning experience to their project's specific needs and aspirations.

The project also aims to contribute to evidence-based policymaking by monitoring and assessing the impacts of the project and carrying out social entrepreneurship analyses with target group-specific evaluations. The goal is to strengthen general acceptance of green and digital changes by mainstreaming the results through national and transnational events, guidelines and informational materials, impact reports, and media outreach.

The anticipated outcomes of the project include the successful management of 15 pilot projects, establishment a transnational network of stakeholders and the creation of new social business models for green and digital transitions. In addition, the GRESODI project will contribute to the development of sustainability pathways and transformation tools for social economy actors, enabling them to adopt green approaches, increase digital adoption and become financially viable and ready for impact investments.