EU Social Enterprise Policy –        A golden opportunity for Ireland      Tom Daly.    TSA Consultancy.1                 ...
EU Social Enterprise Policy – A golden    opportunity for Ireland    Topics:-    2.   EU Policy Context.    3.   The Socia...
EU Policy Context.       EU White Paper 1993: Growth,        Competitiveness & Employment, recognised        the potentia...
EU Policy Context.    “a new model for economic growth”:-       Smart growth (social innovation)       Sustainable growt...
EU Policy Context       “Crisis calls for social innovation - no more        business as usual”       Social economy is ...
Social Business Initiative.       SBI was Launched by EU Commission &        Conference 18th Nov 2011 .       Commission...
Social Business Initiative.7                           ACTION - Dunhill 22-6-2012
Social Business Initiative.       ISSUE:-        –   Europe 2020: Growth with Inclusive Society.        –   Social Enterp...
Social Business Initiative.      11 actions, across three themes.      –   Make it easier for SE to obtain funding      – ...
Social Business Initiative.     A) Make it easier for SE to obtain funding.      EU regulatory framework for Ethical     ...
Social Business Initiative.     B) Increase the visibility of SE      Establish Register database of SEs.      Create da...
Social Business Initiative     C) Make the legal environment friendlier for        SEs      EU statute for creation of Eu...
Opportunities.        The SBI is a clear signal and the most         significant to date from EU.        Recognition for...
Opportunities.        SE investment funds will be included in the         EU European Progress Microfinance         Facil...
Opportunities.        Ireland has a window of opportunity for Irish         Social Enterprises to:-         –   Cross Boa...
EU Social Enterprise Policy – a golden opportunity for Ireland      Many Thanks.      EU Social Business Initiative.16    ...
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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
June 22nd Dunhill Ecopark
INTERREG ACTION Pilot Project

Published in: Business, Economy & Finance
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EU Social Enteprise Policy - A Golden Opportunity for Ireland. Tom Daly TSA Consulting

  1. 1. EU Social Enterprise Policy – A golden opportunity for Ireland Tom Daly. TSA Consultancy.1 ACTION - Dunhill 22-6-2012
  2. 2. 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
  3. 3. 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
  4. 4. 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
  5. 5. 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
  6. 6. 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
  7. 7. Social Business Initiative.7 ACTION - Dunhill 22-6-2012
  8. 8. 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
  9. 9. 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
  10. 10. 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
  11. 11. 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
  12. 12. 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
  13. 13. 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
  14. 14. 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
  15. 15. 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
  16. 16. EU Social Enterprise Policy – a golden opportunity for Ireland Many Thanks. EU Social Business Initiative.16 ACTION - Dunhill 22-6-2012

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