Saturday, December 14, 2019

Social Entrepreneurship

Social entrepreneurship is a form of enterprise development that has gained momentum over the past ten years. In order to solve the world’s many problems social entrepreneurship offers promising new ways of contributing to poverty reduction, delivering decent work and social inclusion. Social entrepreneurs trade for a social purpose and use their entrepreneurial skills to create sustainable market-based solutions to social problems. This is often with a focus on the poor and marginalized groups of society. The ILO is currently developing a programme to support social enterprise development, and especially with a focus on young social entrepreneurs and is developing various training tools and programmes in this area. Ongoing activities are the implementation of a social enterprise project for youth in South Africa, the development of a Start Your Social Business (SSYB) training programme, a Social Entrepreneurship module in the KAB programme and, in partnership with the Schwab Foundation for Social Entrepreneurship, the organisiation a “Social Entrepreneur of the Year” competition in Central America.

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