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EU Social Enteprise Policy - A Golden Opportunity for Ireland.  Tom Daly TSA Consulting
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EU Social Enteprise Policy - A Golden Opportunity for Ireland. Tom Daly TSA Consulting

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Social Enterprise - A Call to ACTION

Social Enterprise - A Call to ACTION
June 22nd Dunhill Ecopark
INTERREG ACTION Pilot Project

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EU Social Enteprise Policy - A Golden Opportunity for Ireland.  Tom Daly TSA Consulting EU Social Enteprise Policy - A Golden Opportunity for Ireland. Tom Daly TSA Consulting Presentation Transcript

  • EU Social Enterprise Policy – A golden opportunity for Ireland Tom Daly. TSA Consultancy.1 ACTION - Dunhill 22-6-2012
  • EU Social Enterprise Policy – A golden opportunity for Ireland Topics:- 2. EU Policy Context. 3. The Social Business Initiative (11 point plan) 4. Opportunities.2 ACTION - Dunhill 22-6-2012
  • EU Policy Context.  EU White Paper 1993: Growth, Competitiveness & Employment, recognised the potential of the Social Economy to create 3M new jobs.  EU 2020 Plan. highlights social economy, social enterprise and social entrepreneurship.3 ACTION - Dunhill 22-6-2012
  • EU Policy Context. “a new model for economic growth”:-  Smart growth (social innovation)  Sustainable growth (environmental impact)  Inclusive growth (people and social cohesion)4 ACTION - Dunhill 22-6-2012
  • EU Policy Context  “Crisis calls for social innovation - no more business as usual”  Social economy is already an important actor: • 2 million social enterprises in the EU • Employs 11 million (6% of all) • 1 of 4 new companies are social enterprises5 ACTION - Dunhill 22-6-2012
  • Social Business Initiative.  SBI was Launched by EU Commission & Conference 18th Nov 2011 .  Commission President ~ José Manuel Barroso ~ “ the EU can help foster the sectors further development”.  Commissioner Michel Barnier (internal markets) ~ “ the crisis ..is linked with the travesty of liberalism.. we need a new model that includes the social market.”6 ACTION - Dunhill 22-6-2012
  • Social Business Initiative.7 ACTION - Dunhill 22-6-2012
  • Social Business Initiative.  ISSUE:- – Europe 2020: Growth with Inclusive Society. – Social Enterprises have a fundamental role to play – promote social cohesion. – SBI will support Creation and Development of social enterprises. – One out of four new business start-up is a social business.8 ACTION - Dunhill 22-6-2012
  • Social Business Initiative. 11 actions, across three themes. – Make it easier for SE to obtain funding – Increase the visibility of SE – Make the legal environment friendlier for SEs9 ACTION - Dunhill 22-6-2012
  • Social Business Initiative. A) Make it easier for SE to obtain funding.  EU regulatory framework for Ethical Investment Funds.  Encourage development of micro credit.  Set a new €90 Million EU Finance Instrument for SE Investment (kick start).  Make SE an Investment Priority for the ERDF regional development fund. and ESF European social fund. 2014-202010 ACTION - Dunhill 22-6-2012
  • Social Business Initiative. B) Increase the visibility of SE  Establish Register database of SEs.  Create database of labels (Quality Marks)  Help national governments to assist SEs.  Create Information Exchange Platform.11 ACTION - Dunhill 22-6-2012
  • Social Business Initiative C) Make the legal environment friendlier for SEs  EU statute for creation of European wide; Co-op, Foundation and Mutual.  Ease Public Procurement Rules for SEs  Simplify rules for public aid to social/local services.12 ACTION - Dunhill 22-6-2012
  • Opportunities.  The SBI is a clear signal and the most significant to date from EU.  Recognition for Social Enterprises, at last!  Availability of Investment Finance via private social venture capital funds and social investment funds.13 ACTION - Dunhill 22-6-2012
  • Opportunities.  SE investment funds will be included in the EU European Progress Microfinance Facility.  Public Procurement ~ social clause may be allowed such as Social Impact Quality Mark requirement (which would help SEs).  EU Education exchanges will include SE.14 ACTION - Dunhill 22-6-2012
  • Opportunities.  Ireland has a window of opportunity for Irish Social Enterprises to:- – Cross Boarders, learn from and get assistance from European SEs. – Influence how ERDF and ESF funds are directed for 2014-2020 period. – Come together - dare to be innovative. – Seek private social finance / venture capital for large scale projects.15 ACTION - Dunhill 22-6-2012
  • EU Social Enterprise Policy – a golden opportunity for Ireland Many Thanks. EU Social Business Initiative.16 ACTION - Dunhill 22-6-2012