The consortium will undertake the following activities, i.e.,

1. set up a European Social Innovation Catalyst Fund (“the Fund”) to ensure adequate financial support for replicating existing, demonstrably successful social innovations. The Fund will be funded jointly by the European Commission and by funding secured by the members of the consortium. The consortium is invited to combine Horizon Europe and other public and private funding including philanthropic sources to form a dedicated facility to support successful social innovations. The EU will contribute a maximum of one quarter of the Fund. Accounting for financial investment calendars, the creation of the Fund should take no more than six months to a year;
2. put forward open calls for proposals for the replication of existing social innovations demonstrated as successful based on quantitative and qualitative data that combine (i) a high potential to help each of the Missions achieve a selected number of their key objectives and (ii) a high potential for replication as documented by a replication plan. Notably, some of the existing, demonstrably successful social innovation projects could support more than one Mission by helping them achieve objectives that they share. The Fund will support third parties not only in terms of financing, but also of advisory, networking, and any other means objectively increasing the chances of success of the replication projects. The open call must be published widely, including on the Horizon Europe Participant Portal and through National Contact Points. Proposals should clearly indicate which mission(s) their social innovation will support;
3. select the most promising and relevant social innovations on the basis of (i) their relevance to the Missions, (ii) the documentation of their success, and (iii) the credibility of their replication plan, including their ability to start delivering results within two to three years after the start of their implementation. Cross-Mission social innovation projects that serve several Missions at once are encouraged.
4. support through funding and mentoring the execution of the replication plans that will have been selected. The EU contribution to funding the execution of each replication plan will account for a maximum of one quarter of its cost;
5. oversee—rather than manage—and monitor the roll out of the replication plans by their authors. The roll out of the execution of the plans should take no more than two to three years; and
6. measure and communicate on the impact achieved via online platforms.

The EU estimates that a maximum 6% of the EU contribution is enough to operate the Fund. Nonetheless, this does not preclude the consortium using a different percentage of the EU contribution for its operation when duly justified. As the EU will contribute 25% of the total budget and expects the consortium to spend around 6% of the EU contribution on management costs, the EU expects around 98.5% (100% – (25% × 6%)) of the fund to support third parties.