Digital Future for Latvia’s Social Economy
To enhance the ability of Latvia’s social economy organizations to adapt to the digital age, the Social Entrepreneurship Association of Latvia will offer various opportunities over the next two years for small and medium enterprises (SMEs) to master digital technologies and data management. These skills aim to enable more effective solutions to social challenges. Under the “Do Impact” project, support activities will be implemented in collaboration with partners from Lithuania, Belgium, Italy, Spain, and Sweden to help social economy organizations in these countries develop their digital skills.
The Need for Digital Transformation
To strengthen the social entrepreneurship sector and its long-term impact, companies and organizations increasingly recognize the need for digital transformation. According to the 2021-2022 European Social Enterprise Monitor (ESEM) and studies on digital skills in work-integration social enterprises (B-WISE), the level of digitalization within the social economy remains low. Many enterprises lack the resources and expertise to fully utilize digital tools. However, digital transformation could be crucial for more effective and sustainable solutions to social issues, particularly by improving operational efficiency through better resource allocation.
Challenges and Opportunities in Latvia
The Latvian Civic Alliance’s research highlights significant challenges in promoting digital visibility for the nonprofit sector. Nearly 60% of surveyed social enterprises in Latvia do not represent their business as social enterprises on digital platforms. Establishing a strong digital identity is vital for reaching modern consumers and enhancing visibility. The “DO Impact” project will provide training and tools to help close this gap.
Key Activities in the “DO Impact” Project
1. Tailored Training Programs
Designed to strengthen social economy enterprises’ ability to adapt to the digital environment.
Focus on data analysis fundamentals, understanding the benefits and risks of data use.
2. Guidelines and Mentoring
Support for leveraging digital solutions to enhance visibility, impact, and management practices.
3. International Collaboration
Opportunities for Latvian enterprises to collaborate with European partners through networking and knowledge exchange.
4. Technology Access and Support
Social enterprises will meet technology companies to gain access to modern digital tools and customized digital transformation strategies.
Expected Impact
The training and international experience offered to social enterprises aim to overcome barriers that often hinder the development of social entrepreneurship. The initiative is expected to enhance the sector’s ability to respond to changing societal needs, positioning Latvia as a leader in sustainable and digital social economy development in Europe. This model could serve as an example for other regions.
The first training sessions and exchange visits for social enterprises are scheduled for spring 2025 and will continue until August 2026. Information about events will be consolidated on the official website, www.doimpact.eu, which will launch on January 17, 2025.
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