Since the launch of its “Social Business Initiative” (SBI) in 2011, the European Commission has undertaken many actions to improve the situation of social enterprises. It does this by facilitating their access to finance, providing them more visibility and optimising their legal environment. Yet, these actions are not always known among nor fully grasped by those actually affected by them.
In an effort to increase the visibility and understanding of these EU initiatives, and at a time when the Commission is relaunching its Expert Group on Social Entrepreneurship (GECES), EVPA has selected four of the SBI Key Actions as being particularly relevant for VP/SI practitioners, summarising the key elements of each action in a user-friendly two-pager!
- The EuSEF Regulation, which sets out a voluntary label for ‘European Social Entrepreneurship Funds’, allowing investors and social enterprises to identify the European funds investing in social businesses
- The Financial Instrument, designed under the EU Programme for Employment and Social Innovation (EaSI) to support social enterprises, focusing on the guarantee scheme that was launched in June 2015
- The comprehensive Mapping Study, which depicts the social enterprises sector in all 28 Member States of the EU (as well as Switzerland)
- The European reform of Public Procurement rules, which allows Member States to integrate social aspects in their national legislation by April 2016
Ask more info about this article