REDpreneur

REDpreneur is the first-of-its kind innovation and acceleration program of the Red Cross to support innovative impact driven enterprises in the health and care sector and offer a unique immersive learning experience.

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What is REDpreneur?

REDpreneur is a 2-year program funded by the Austrian Development Cooperation which will support Red Cross societies and social entrepreneurs in East and South East Europe and the South Caucasus to develop impactful and sustainable ventures that seek to improve the access to and the quality of health and social services in their home countries.

“The REDpreneur Master Class is a unique immersive learning experience for venture teams, learners from partner organisations and NGO and corporate leaders.”

The Master Class has started. This is what our venture teams and learners are learning:
  • Understand and implement business fundamentals such as Theory of Change, Value Proposition and Revenue Models
  • Get to know the ins and outs of core strategy topics such as Customer Groups, Go to Market Strategy, Team, Finance and Funding
  • Practice essential entrepreneurial skills such as prototyping and pitching
  • Meet relevant stakeholders in the social business sphere and health sector, such as guest speakers, investors, entrepreneurs, experts and members of the Red Cross Movement
  • Two face to face workshops and regular individual coaching sessions

Costs

  • For learners from non-target countries EUR 1.500,-  (incl. MC participation and 2 F2F WS without flights)
  • For Corporate Participants EUR 5000,- (incl. MC participation and 2 F2F WS without flights)
  • For ventures outside target countries* EUR 500.- (incl. MC participation and 2F2F WS and flights)
*)target countries are Albania, Armenia, Georgia,  Montenegro, North-Macedonia, Serbia, Ukraine, Kosovo, Moldova, Bosnia and HerzegovinaTh
Learn more about the Master Class

REDpreneur news

Master Class launched

The REDpreneur Master Class for changemakers and advocates for change has launched! We are happy to report about a successful Kick-Off Workshop of the REDpreneur

Read More »
August 5, 2021

Start of Master Class

What’s next? The Master Class! Successful Training Academy graduates and new Venture Ideas have now got the possibility to apply for the REDpreneur Master Class

Read More »
June 16, 2021

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The time is right for REDpreneur: Nikolaus Hutter talks about the Purpose Driven Economy

Who is it for?

For changemakers and
advocates of change

For ventures

Red Cross / Red Crescent staff and social entrepreneurs (CSOs, Start-ups) from the target region or worldwide 

with business ideas
View factsheet

For learners and corporate learners

Red Cross / Red Crescent staff and social entrepreneurs (CSOs, Start-ups) from the target region or worldwide 

NGO and corporate learners

without specific
business ideas (yet)
View factsheet

For impact investors

Foundations, investors and/or business angels worldwide

Interested to enter the program as an observer
e.g. to see the business case pitches?
Join as an observer

The program

Venture Track

Venture track participants develop and get their own business and financial plans ready for launching!

The REDpreneur program is for you if :

  • Your business case is a market-relevant service that improves access to Health and Social Services, is offered to specific target groups and can be funded through private and/or public payers;
  • Presented business case is feasible, sound, realistic and scalable;
  • Two of your core staff have the capacities and are available to participate during the time required;
  • Environmental and social criteria apply;
  • Priority in this program is given to applicants that work in or are interested to scale to East and South East Europe or the South Caucasus. 

Learner Track

Open to anyone…

…working for the Red Cross, a CSO or Start-up.

…interested to strengthen their business skills and learn more about entrepreneurship.

…motivated with a “social entrepreneur”-mindset.

  • Receive the tools and methodologies to develop your own business and financial plan in the future.
  • Get to know fantastic innovators in person and seize the opportunity to work alongside teams from East and South East Europe and South Caucasus.
  • Be exposed to a stirring pilot on entrepreneurship.
  • Assess opportunities for service provision initiatives in the Health and Social Services sector.

REDpreneur online Training Academy

Aim is to develop fundamental skills and concepts in the field of impact enterprise. Joint focus on selected business cases (exemplary from the Health and Social Services sector in East and South East Europe or the South Caucasus) through peer-to-peer learning will allow participants to immerse in an applied training environment.

  • Feb to May 2021
  • Fully online incl. webinars and coaching session
  • Requires 3-5h/ week to finish the course over 4-6 weeks
  • Get more content details here.
  • Cost for participation are EUR 500,- for ventures from non-target region and all learners. There are no cost for ventures from the target region.

REDpreneur Master Class

Allows participants to further develop in-depth knowledge and apply acquired skills through experimental learning. Get financial and business plans of selected business ideas ready for launching. 

  • June – Nov 2021
  • Online incl. webinars & coaching sessions and two face-to-face workshops 
  • In-person participation at two workshops and 4-5h/ week
  • Two face to face workshops in Athens, Greece and Vienna, Austria.
  • Costs MC for learners from non-target countries EUR 1.500,-  (incl. MC participation and 2 F2F WS without flights)
  • Costs MC for Corporate Participants EUR 5000,- (incl. MC participation and 2 F2F WS without flights)
  • Costs MC for ventures outside target countries EUR 500.- (incl. MC participation and 2F2F WS and flights)

Timeline

Workshop 1: 29 Jun – 1 Jul 2021, Online

Workshop 2: 5-7 October 2021, Impact Hub Athens, Athens, Greece

Workshop 3: 15-18 November 2021, Red Cross Headquarters and Impact Hub Vienna, Vienna