Toolkit for running a social enterprise
Great support for every aspect of running your Social Enterprise in our free online toolkit by UNLTD UK: http://ow.ly/UQGw306TqCD
Great support for every aspect of running your Social Enterprise in our free online toolkit by UNLTD UK: http://ow.ly/UQGw306TqCD
The President of the Commission mandated the Commissioner for Jobs and Social Rights, Nicolas Schmit, with developing a European Action Plan for Social Economy.
The 2021 Commission Work Programme announced that the publication date for the Action Plan would be the fourth quarter of 2021. It also highlights that the Action Plan will enhance social investment, support social economy acts and social enterprises to start-up, scale-up, innovate and create jobs.
To prepare the Action Plan, citizens and stakeholders were invited (from 1 March until 26 April 2021) to give their views on the so-called roadmap on the Action Plan.
Roadmaps describe the problem to be tackled and objectives to be met, explain why EU action is needed, outline policy options and describe the main features of the consultation strategy. The feedback received can be found at the above link.
The social economy encompasses a variety of businesses, organisations and legal forms, such as non-profit associations, cooperatives, mutual societies, foundations and social enterprises. They share the feature of systematically putting people first, reinvesting most of the profit back into the organisation or a social cause, and having a participatory form of governance.
They play an important role in job creation, work integration and inclusive and sustainable growth. They operate in a large variety of economic sectors, such as social services, health care, social housing, affordable energy to the most vulnerable, recycling, retail, tourism, hospitality.
In view of its potential to address societal challenges and contribute to economic growth, the EU has launched a large number of actions to support the development of social enterprises and the social economy under the 2011 Social Business Initiative (SBI) and the 2016 Start-up and Scale-up initiative,
More recently, a number of Commission initiatives have called on the potential of social economy:
Social economy organisations also contribute to the implementation of the European Pillar of Social Rights.
This publication has been prepared within SENBS project No. 2020- 1-EE01-KA204-077999. The content of this publication is the sole responsibility of the project coordinator and may not always reflect the views of the European Commission or the National Agency.
Recently colleagues from Portugal have published a comprehensive report covering social entrepreneurship in their country.
You can access the full report here.
In this course we will ask you to form groups with other MOOC participants to identify an opportunity to create social change, develop a business model, and outline ideas in a business plan, which you will in the end submit to possibly receive start-up funding.
The domain of social change is no longer reserved for students of political sciences and development studies. Increasingly business graduates are recognized as possessing important skills that can drive social change. This new discipline is often referred to as Social Entrepreneurship (S-ENT). S-ENT describes the discovery and sustainable exploitation of opportunities to create public goods. This is usually done through the generation of disequilibria in market and non-market environments. The S-ENT process can in some cases lead to the creation of social enterprises. These social ventures are hybrid organizations exhibiting characteristics of both the for-profit and not-for-profit sector. Individuals engaging in S-ENT are usually referred to as social entrepreneurs, a term that describes resourceful individuals working to create social innovation. They do not only have to identify (or create) opportunities for social change (that so far have been unexploited), they must also muster the resources necessary to turn these opportunities into reality.
A typical example is Prof. Muhammad Yunus, founder of the Grameen Bank (Bangladesh) and recipient of the Nobel Peace prize in recognition of his contribution to poverty alleviation through the invention and popularization of Microfinance. Other examples include fair trade or car-sharing. Today many foundations aim to identify and promote social entrepreneurs. Two prominent examples are Ashoka and the Skoll Foundation. So called venture philanthropists adopt methods from the domain of venture capital, for example, encouraging social entrepreneurs to provide detailed business plans and to measure and report systematically on their social performance. Social Return on Investment (S-ROI) analysis is an example, of an emerging tool aiming to describe the social impact of S-ENT in dollar terms, relative to the philanthropic investment made.
As part of the course you will be working in groups on identifying an opportunity for a social innovation or social enterprise. You will then write a business plan outlining the business model for implementing your idea. All business plans will be evaluated at the end of the course and the winners will be supported in the implementation of their idea.
Link for registration: https://www.coursera.org/course/socialentrepeneur
The European Commission has just published the policy brief “How Can Policy Makers Improve Their Country’s Support To Social Enterprises?”. The policy brief is based on the preliminary results of the EFESEIIS research project (Enabling the Flourishing and Evolution of Social Entrepreneurship for Innovative and Inclusive Societies)
The document has the main aim of providing policy makers with advice on how to support social enterprises in their country and has been written based on a wide-range of interviews and focus groups held with stakeholders from the partner countries.
Fill out the form and our team will be in touch with you promptly.
Thank you for your interest!