More information about
Ever enjoyed a Ben and Jerry’s ice cream, worn a Kuyichi jeans or had diner at one of Jamie Oliver’s restaurants Fifteen? Yes? You might not have realised it but then you are already familiar with the term Social Entrepreneurship.
Creating a successful business doesn’t need to be about making as much money as you can. It can also be an amazing opportunity to make money and do some good in the world at the same time.
A social enterprise is a business which has a primary social or environmental objective and reinvests a substantial percentage of the profits it makes into furthering that objective rather than distributing them to shareholders or owners. It has a clear sense of its ‘social mission’ – in other words what difference it is trying to make, who it aims to help, and how it plans to do it. It generates most or all of its income through selling goods or services rather than through grants and donations.
The numbers of social businesses are growing fast. The so-called Social Economy creates up to 6% of total EU employment. That amounts up to some 11 million working places in the European Union.
In recent decades, governments and charities have made great efforts to achieve social improvements and to tackle environmental issues. Also commercial companies have an increased focus on their CSR (Corporate Social Responsibility). Nevertheless, progress has been limited and in some sectors the social challenges became even bigger. This calls for a new approach and different form of entrepreneurship. Social enterprises give substance to this.
Social enterprises develop renewable, self-sustaining solutions to contemporary problems. This from a different business model / perspective than a government, charity or ordinary business would. Social enterprises are pioneers in the development of a healthy economy in which social, environmental and economic values go hand in hand.
“Social business I believe is key to a more sustainable, responsible and inclusive future for Europe”
The seven bulletpoints that define
The SESAME project handles the following seven bullet points to define a Social Enterprise
What are examples of
During the lifespan of the SESAME project, the SESAME project partners encountered several interesting social entrepreneurs in their respective regions. Here is a selection of the Social Enterprises that were encountered in the SESAME project meetings, events and other activities.