Social and Economic Impact Assessment
Social and Economic Impact Assessment (SEIA) provides a comprehensive overview of how projects and initiatives affect different groups and communities in both the short and long term. SEIA allows for the evaluation of both positive and negative impacts, ranging from direct economic benefits to social effects. It offers reassurance that decisions are based on thorough and evidence-based analysis, thereby enabling the planning and implementation of sustainable and responsible projects and initiatives.
Why is SEIA important?
Evidence-based Planning
- Without a comprehensive overview of the target groups, their expectations, and satisfaction, it is difficult to plan projects and initiatives that meet the needs of the target audience. Evaluation helps map out the profiles and expectations of the target groups, providing valuable information for planning projects and initiatives.
Target Group Size and Impact Projections
- Projections of the target group size and other factors help avoid budget overruns and ensure that all support services are optimally planned. Accurate projections also help manage resources effectively when organizing projects and initiatives.
Demonstrating Benefits to Supporters
- It is important to demonstrate the benefits of their support to the supporters. Evaluation provides a comprehensive overview of how projects and initiatives bring economic and social benefits, offering evidence-based data for funding applications and reports.
Market Situation Mapping
- The assessment provides a comprehensive overview of the market, including competitors and similar projects and initiatives in Estonia and neighboring countries. It helps determine the position of projects and initiatives in the market, identify potential risks and opportunities, and offers a valuable competitive advantage.
Assessment Methodology
Within SEIA, we conduct:
- Surveys of target groups
- Surveys of organizers, partners, and service providers
- Surveys of local residents’ opinions
- Analysis of documents (such as budgets and media information) and comparative data
Based on the collected data, we prepare a detailed and professional assessment of the project’s or initiative’s impact, helping you gain a comprehensive overview of its economic and social contribution.
SEIA helps identify the long-term impacts of projects and initiatives that may not be immediately apparent. The collected results are valuable both in planning future projects and initiatives and in funding applications presented to funders, demonstrating positive impacts at both the regional and national levels.
Request a quote
You can contact us at info@levellab.ee or call +372 5138041.
The LevelLab team has extensive experience in conducting assessments and surveys. We use both quantitative and qualitative analysis methods: conducting surveys, personal interviews, focus group discussions, and workshops. We assist our clients in project preparation, implementation, and post-activities coordination.
We gather, evaluate, and interpret information to help understand past events, make informed decisions, and plan for the future.
