TRANSITION Ireland West Spark Session2: how incubators can support social innovation in Europe?

The WestBIC Spark event opened new horizons for creative start-ups. Areas showcased included Health and Home Care, Food, Environment and Sustainable Energy. 

Opened by the Mayor of Galway, a gathering of 140 SMEs, start-ups, support organisations, Business Angels and others in the Eco-system discussed the growth opportunities for Start-ups and SMEs whose creativity and output has the potential to have a positive impact on society.

Visiting companies from Spain and Northern Ireland joined their peers in the Ireland West Region to exchange models and share knowledge on funding options through EU, Government and Private Equity sources and have their Business Proposals critiqued by a panel of experts who were there to help.

“We had a fantastic blend of Private client companies doing amazing things with a societal impact, Business Angels there to invest and support them and Public Sector intermediaries who are adopting the concept and understanding the impact of what we do in TRANSITION project”.

This event was run as part of TRANSITION, a Social Innovation consortium which is developing methodologies to increase the level of positive impact that such companies have on the wider society.

“The Commission are closely following our work in this ever evolving movement and we are endeavouring to vigilantly protect the sustainability of start ups who embrace the Social Innovation agenda to scale up their Product/Service offering to international markets.”Commented WestBICs Joe Greaney. “Jobs and regional prosperity is what it is really all about in the longer term” 

Follow us the TRANSITION project on Twitter:  @West_BIC | @TRANSITIONeu 

If you want to learn more about social innovation incubation, have a look to the #EBNTechCamp 2015 programme!