REDpreneur, a Business Skills and Enterprise Development Program to support innovative impact-driven ventures in the health and care sector, had its closing Workshop in Vienna last week. During a hybrid closing event, participating venture teams were invited to pitch their venture ideas to a panel of experts. The REDpreneur Team look forward to following up on the participants and wish them all the best and good luck with the implementation of their venture ideas!

Here you can watch a video from a REDpreneur Workshop at Impact Hub Athens, Greece in October this year:  REDpreneur promotion video

BACKGROUND

The health landscape is changing globally. Demographic trends such as growing aging societies put health and social services systems in many countries under pressure to manage the rapidly increasing cost. On the other side, a growth of income and purchasing power in the past years is opening new opportunities for financing health related activities.

In this time of new opportunities, non-profit organizations have a unique change to establish themselves in the health and social services sector to provide services to the population paid by a mix of fincancing sources to be explored and to anchor one pillar of their organisations’ mission in sustainable market-driven business. The goal of the REDpreneur Program is to evolve new business models that enable them to be self-reliant and financially sustainable at least in one core activity, thus stronger in providing other types of humanitarian support needed in their country.

The REDpreneur program facilitated by the Austrian Red Cross is funded by the Austrian Development Cooperation  (ADA) and carried out by New Paradigm Ventures and Impact Hub Vienna.

The REDpreneur program facilitated by the Austrian Red Cross is funded by the Austrian Development Cooperation  (ADA) and carried out by New Paradigm Ventures and Impact Hub Vienna.

OUTLOOK

Based on the evaluation and adaptation of the current REDpreneur pilot project a REDpreneur Version 2.0 is in progress. The goal is to establish REDpreneur as a key social enterprise capacity building tool within the Red Cross and Red Crescent movement, so stay tuned for further REDpreneur activities in 2022.

Find out more about REDpreneur here https://redpreneur.org/

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