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European Innovation Council
News article21 June 20211 min read

European Social Innovation Competition – it’s all about impact

The European Innovation Council and SMEs Executive Agency (EISMEA) launched the European Social Innovation Competition Impact Prize 2021.

Impact Prize 2021


The €50,000 prize, which is open to all 30 semi-finalists from last year’s Competition, will be awarded to the project judged to have delivered the most significant social impact over the past 12 months.

The European Social Innovation Competition, sponsored by the European Innovation Council, is an ideas competition with impact at its heart. The 2020 Competition Reimagine Fashion - Changing behaviours for sustainable fashion sought to improve the environmental and social impact of the European fashion market with new products, services and processes, and innovative business models.

One year on, the 2021 Impact Prize will look at how these ideas have flourished over the past 12 months. The Impact Prize will recognise the progress made by the semi-finalists from the 2020 Competition in advancing their original proposals, developing the best impact methodology and demonstrating the best results.

The European Social Innovation Competition supports innovators as they progress from ideas on paper to the development of working solutions. It is hoped that this support will be reflected in the numbers of semi-final projects from the 2020 Competition that have progressed from ideation to implementation and in the number of entries in this year’s Impact Prize.

How does it work?

To enter the Impact Prize, semi-finalists from the 2020 edition of the European Social Innovation Competition have been invited to complete an Impact Report, which will outline their progress and impact methodology, enabling the jury to analyse their impact and

Based on these reports, the 2021 Impact Prize Judging Panel will make recommendations to EISMEA, having looked at the quality and clarity of the theory of change and of the impact measurement methodology developed by the applicant and the demonstrated results over
the previous year. EISMEA will reach a decision on the winner based on the panel’s recommendations.

The Impact Prize is open for applications from today, 21 June, with a deadline for applications on 6 August at 12pm CEST (noon). Throughout the entry period, participants will receive support in writing their Impact Reports with specific Impact and Impact
Measurement webinars.

The Winner of the 2021 Impact Prize will be announced at the end of 2021 along with the winners of the Challenge Prize in this year’s Competition - Skills for Tomorrow – Shaping a green and digital future.


Publication date
21 June 2021


Social Innovation Prize

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Social Innovation Prize
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