Novatore stands as a beacon for women's economic empowerment and gender equality, offering a suite of services designed to equip women with the knowledge and skills necessary for securing positions on management and supervisory boards. With a team of seasoned business professiona
Despite 93% of Baltic residents agreeing that women and men should have equal rights, the Novatore Baltic Gender Equality Barometer 2022 found that nearly half still believe men and women do not enjoy the same rights in practice — gender stereotypes remain embedded in Baltic society.
Objectives
Bolster economic development through women's economic empowerment and increase women's representation in top leadership roles, under the principle 'by women, for everyone.'
Activities
Novatore runs events for business professionals, most notably the annual Novatore Impact Summit — discussions, workshops and networking aimed at spotlighting issues women in the Baltics see as critical for economic development and leadership diversity.
Conclusions
The record is a self-reported description of the organisation's mission and its flagship Summit; no independent evaluation of impact on women's leadership representation is described.
Implementation
Indicative cost
Low (< €50k) — Low direct cost: an annual summit/events model run by a small professional team, rather than large-scale programme delivery.
Time to results
Medium (1–3 years) — Ongoing annual event (Novatore Impact Summit); no fixed end date.
Staffing & skills
Team of business professionals organising Novatore events and the Summit
Conditions for success
Annual recurring flagship event (Novatore Impact Summit) to sustain visibility
Partnership with academic/research bodies (e.g. University of Latvia) for legitimacy and data (Barometer)
Regional focus on the Baltics, aligning content with locally documented gender-equality gaps
Common failure modes
Awareness-raising format with no evaluated link to actual leadership-appointment outcomes
Relies on continued participation/sponsorship of business leaders
Barometer data describes societal attitudes, not the practice's own measured impact
Where it fits
Governance type
private company-led network/summit
Scale
transnational (Baltics)
Income level
upper-middle/high-income (Baltic states)
Commonly funded by
Own resources / municipal budget
Indicative funding routes for practices of this type — always check each programme's current calls and eligibility rules.
Do you run this practice?
Claim it —
verified implementers get a public contact pathway and can propose corrections.
Data sources
Where this practice's information was retrieved from, and when.