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In France, 10 to 15% of the GDP is generated by social employment. (Source: Ashoka)


Nearly 80% of social entrepreneurs are copied. (Source: Ashoka)


72% of all social entrepreneurs state that raising funds is their biggest challenge.

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Social Entrepreneur Sponsorship

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Social Entrepreneurship

Social entrepreneurship is a recent notion that emerged in the nineties on both sides of the Atlantic:

In the USA, notably with the "Social Enterprise Initiative", launched in 1993 by Harvard Business School and followed by other major universities (Columbia, Yale, etc.); also with various foundations who develop training and support programmes for social entrepreneurs and social enterprises.

Source: translated from Institut pour le développement de l’information économique et sociale (IDIES)

The social entrepreneur is an individual whose primary goal is not profit-making but creating social value, capable at the same time of seizing and optimising the opportunities s/he encounters, of gathering the necessary resources to drive her/his local project, and of finding innovative solutions to the social problems in her/his community that remain unaddressed by the current system. This will lead her/him to adopt an entrepreneurial behaviour within the framework of traditional management practices.

Sources: translated from "Définition de l'entreprenariat social: Revue de la Littérature selon les Critères Géographique et Thématique" Sophie Bacq & Professor Frank Janssen

Social entrepreneurs bring forth economic projects in the collective interest and/or for promoting a social aim. They reconcile economic efficiency and social utility, private initiative and solidarity: fighting against exclusion, creating or preserving quality jobs, economic enhancement of an area, guaranteeing a fair income for producers, building social bonds, etc.
Quite often, these two dimensions are combined with a third foal of participatory governance: involvement of stakeholders, limited returns on capital, profits reinvested into the project.
Thus in social entrepreneurship, profit-making does not constitute an end in itself, but a means to serve a community project.

Tags

Social economy
Solidarity economy
Professional integration/Social Inclusion
Microcredit
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