Business
Major European event to shape future for social businesses
The social economy is an important pillar of the European economy, representing some 10% of GDP. More than 11 million workers or 4.5% of the active EU population are employed in the social economy. One in every four new businesses set up each year is a social business, rising to one in three in France, Finland and Belgium.
Social entrepreneurs aim to have an impact on society rather than only generating profits for owners and shareholders. For example, they provide jobs for disadvantaged groups, promoting their social inclusion and increasing solidarity in the economy. But they face enormous challenges and an uneven playing field.
That is why on 16 and 17 January 2014, the European Commission, the European Economic and Social Committee (EESC) and the City of Strasbourg will host a large European interactive event on social entrepreneurship and the social economy. This two-day event will use a collaborative, participatory approach. The participants themselves will drive the issues to be debated and identify the way forward for the social entrepreneurship sector.
EESC President Henri Malosse told EU Reporter: "There is no difference between businesses and social businesses, and there shouldn't be! There shouldn't be a ghetto for social entrepreneurs, looking for funds, filling out forms and then waiting years for subsidies. We have to find viable models that businesses feel comfortable in undertaking to realize their creative potential, without waiting for funds from elsewhere. We need to help businesses to co-ordinate, to use innovaton technologies to exchange information quickly, in our rapid digital age. We have very good examples of social enterprenerships in Europe, such as in Sweden. This kind of sucessful experience should be learned from and spread further. Look around - we just need to help businesses to create a favorable environment."
Malosse added: "Europe can no longer permit itself to miss the target. Its core business is – should be – active solidarity and strong common policies, namely in the fields of industry, energy and entrepreneurship, especially social entrepreneurship."
Internal Market and Services Commissioner Michel Barnier said: "The great battle today is for growth and employment. I am convinced that there is no lasting economic performance without social cohesion. The social economy is part and parcel of the new growth model which we are creating, which is more inclusive and greener. By virtue of their vocation, social enterprises keep their ear to the ground and are in tune with social or environmental realities. They are innovative, they are dynamic and they create jobs. We have to do everything we can to create an ecosystem that encourages them to develop further. That is the objective of the Strasbourg conference."
European Commission Vice-President Antonio Tajani, commissioner for industry and entrepreneurship, said: "Social businesses help the EU create a highly competitive social market economy and are engines for sustainable growth. During the crisis they proved their worth by showing strong resilience. We now need them more than ever for their job-creating ability."
Employment, Social Affairs and Inclusion Commissioner László Andor said: "Social enterprises provide hundreds of successful examples how Europe can improve its business model, with more focus on improving people's well-being and less on maximising financial gain. The social economy can create quality jobs even in difficult economic circumstances and clearly deserves EU support to grow and spread."
Confirmed speakers include Martin Schulz, President of the European Parliament, Antonis Samaras, Prime Minister of Greece and Henri Malosse, President of the European Economic and Social Committee.
Three European Commissioners - Vice President Antonio Tajani and Commissioners Michel Barnier and László Andor - will enter into live discussions with social entrepreneurs.
Participants include social entrepreneurs, academics, policy makers, financing providers, social activists and many more.
The objectives of the event are to:
- Take stock of the achievements and implementation of the Social Business Initiative of October 2011 (see IP/11/1238 and MEMO/11/735);
- identify future priorities for action;
- engage stakeholders in an innovative and participative environment to shape the European agenda for the next three to five years;
- strengthen stakeholder networks to support the emergence and scaling-up of initiatives and best practices, and;
- create more ownership and awareness among institutional actors.
Background
In 2011, in the context of the EU 2020 strategy, the EU presented the Social Business Initiative, an action plan to enhance the framework for social entrepreneurship by improving access to finance, increasing the visibility of the sector and raising awareness of the needs of social entrepreneurs among policy makers. In order to continue these efforts, the Strasbourg event will identify new priorities for the future.
More information
See also MEMO/14/11
A list of participants can be found here
The event will be webstreamed:
Social economy – Social innovation
Anna van Densky
Share this article:
EU Reporter publishes articles from a variety of outside sources which express a wide range of viewpoints. The positions taken in these articles are not necessarily those of EU Reporter. Please see EU Reporter’s full Terms and Conditions of publication for more information EU Reporter embraces artificial intelligence as a tool to enhance journalistic quality, efficiency, and accessibility, while maintaining strict human editorial oversight, ethical standards, and transparency in all AI-assisted content. Please see EU Reporter’s full A.I. Policy for more information.
