In a world that is constantly changing due to new technologies, while the need to defend human rights and address complex social problems is increasing, the issue of the positive social impact of projects and actions is gaining momentum.
The Archimedes project will develop a holistic tool for assessing the social impact of projects, actions and investments, with the aim of highlighting the concept of social value as a precondition for the implementation of any investment or action.
A few words about the project
In a world changing by new technologies, artificial intelligence and developments in biotechnology, while at the same time the need for protection of human rights and for a social and solidarity-based economy is increasing, traditional tools fail to respond to modern challenges. In the coming years, it is estimated that the social impact assessment will be a precondition for any action, investment or funding.
The Archimedes project seeks to fill the gap for a holistic tool for assessing the social impact of projects, actions and investments. This tool will present a large number of evaluation criteria, which will result in an assessment of the social net present value and the social internal rate of return on projects, actions and investments.
The project’s ultimate aim is to gradually change attitudes and perceptions as to the importance of social value, and to create the conditions in which the application of social value and social impact will be a precondition for the implementation of any action, initiative or investment.
The funding program
The Archimedes project is implemented under the Active citizens fund program.
The Active citizens fund in Greece is supported through a € 12m grant from Iceland, Liechtenstein and Norway as part of the EEA Grants 2014-2021. The program aims to develop the sustainability and capacity of the civil society sector in Greece, and to strengthen its role in promoting and safeguarding democratic procedures, active citizenship and human rights. the Fund Operating for the Active citizens fund in Greece is Bodossaki Foundation in consortium with SolidarityNow.
The EEA Grants are jointly financed by Iceland, Liechtenstein and Norway. The EEA Grants are available to the 13 EU member countries that joined the EU and the European Economic Area (EEA) in 2004, 2007 and 2013 as well as Greece and Portugal. The decision-making body of the EEA Grants is the Financial Mechanism Committee, which is composed of representatives of the Foreign Ministries of Iceland, Liechtenstein and Norway.
The Fund Operator for the Active citizens fund programme in Greece is Bodossaki Foundation in consortium with SolidarityNow.
For more information:
The Bodossaki Foundation is one of the most respected privately-owned public benefit organizations in Greece. The Foundation is the culminating point of its founder’s brilliant course in life and remains the carrying vessel of the values and ideas that he faithfully served throughout his eventful life. The Foundation was established in 1972 by Prodromos – Bodossakis Athanassiades who decided to donate his entire fortune to support health care, equal opportunities, quality in education, scientific progress and environmental protection. The Foundation has a deep knowledge of social needs in Greece and has administered so far more than € 450m supporting its causes. The Bodossaki Foundation also supports NGOs working with socially vulnerable groups and has lately set the strengthening of civil society as one of its primary objectives. Since 2013 it administers the regranting facilities of the EEA Grants for civil society in Greece. Read more: www.bodossaki.gr
SolidarityNow (SN) is a non-governmental organization established in 2013 to respond to the needs, and advocate for the rights of the most vulnerable and marginalized groups, indiscriminately. SN’s Headquarters are in Athens, with large operations in Thessaloniki and activities across the country. The organization’s vision is to improve people’s lives and to empower people’s lives and to empower them to create a just and inclusive society. SN’s actions fall under three main strategic priorities: a) Promoting safety and protection; b) Catalysing livelihoods opportunities; c) Strengthening the independence of civil society and defending open society values. SN has supported 300,000 people to date, both through direct project implementation and through regranting programmes. Through its regranting initiatives, SN has supported 73 different programs and provided a total funding of € 14.4m to support Greek civil society organizations.