The most important European initiative to support social entrepreneurs is the Social Business Initiative (SBI). The aim of the SBI is to boost both the debate over innovative ways of doing business and public interventions that best suit the purpose of creating a favourable eco-system for social enterprises. It is structured in three overarching objectives and 11 key actions.
The article gives an account of the much appreciated initiatives that the European Commission is carrying out to pursue the following objectives: (i) to find new ways of addressing old and new social problems (“social innovation”); (ii) to sustain the start up and the development of social enterprises, because they could be an important lever for combining objectives of economic recovery and social inclusion.
