Scaling up Nordic impact through public procurement : A review of literature

In 2019, it was estimated that, of 5,000 Nordic start-ups, 10% included solutions that addressed the 17 United Nations Sustainable Development Goals (SDGs). However, many of them struggled to make a profit, especially at the early stages and mostly due to a lack of access to the market and to the right supporters. This publiction consists of two sections: The first part addresses barriers to public procurement, enablers for social innovation, and institutional support measures; In part two, we evaluate how Nordic municipalities use alternative financial models such as social impact bonds (SIBs) and public-private partnerships to achieve social impact.