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Social Entrepreneurship in Europe: Statistics and Key Characteristics of a Growing Phenomenon

Social Entrepreneurship in Europe: Statistics and Key Characteristics of a Growing Phenomenon. Sarajevo, 15 May 2014. Social enterprises in Europe: an overview.

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Social Entrepreneurship in Europe: Statistics and Key Characteristics of a Growing Phenomenon

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  1. Social Entrepreneurship in Europe: Statistics and Key Characteristics of a Growing Phenomenon Sarajevo, 15 May 2014

  2. Social enterprises in Europe: an overview • Social economy (including social enterprises) is estimated to be engaging 14.5 million paid employees (= 6.5% of the working population of the EU 27) in 2013. • In 2009, social enterprises had a prevalence rate of 3.1% of the working population in Western Europe and 2.7 % in Eastern Europe. • According to the European Commission, 1 out of 4 enterprises created in Europe is a social enterprise (1 out of 3 in Finland, Belgium and France).

  3. Social enterprises in the UK • UK : presence of a remarkable amount of social enterprises. According to the Social Enterprise UK, the British government estimates that there are: • 70 000 social enterprises in 2013 • Employing approximately 1 Million people • With a contribution to the economy valued at over £24 billion. • 38% of social enterprises saw an increase in turnover compared with 29% for regular enterprises, in 2013. • 1/3 of social enterprises are three years old or younger

  4. Main sectors of activity Mapping the fields of activity of social enterprises in Europe • Top sectors : Social services, employment, environment, education, economic development • Romania and Hungary: health, social work and education • Sweden, UK: community services and social services • Italy: work integration and welfare service provision Source: Social Economy and Social Entrepreneurship, EU Commission from the Selusi data

  5. Young and Innovative Social Enterprises • Innovation: one of the keys for growth and economic health in Europe • Innovation in the social sector: new ways of addressing social issues • According to the Selusi research project’s findings “the percentage of organisations that introduced new-to-the-market or radical innovation over the past year is reportedly much higher among social ventures than comparable commercial enterprises”. Percentage of organisations that introduced new-to-the-market or radical innovation over the past year. Source: Selusi (2010)

  6. Building strong social enterprises: the Venture Philanthropy approach • According to Unltd survey of UK social entrepreneurs, 64% had difficulty in accessing appropriate finance, whilst 48% said operational capacity (e.g. staff and systems) was a problem. 47% felt they did not have enough personal income to be able to run their social venture, and only 57% felt they had enough time. Venture philanthropy works to build stronger social purpose organisations by providing them with both financial and non-financial support in order to increase their societal impact.  The seven key characteristics of the VP model: High engagement Tailored financing Multi-year support Non-financial support, Involvement of networks, Organisational capacity-building Performance measurement.

  7. For further questions, please contact: Christine Castille Community and Communication Director, EVPA ccastille@evpa.eu.com

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