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SOCENT THEORY & PRAXIS
WHAT IS A SOCIAL VENTURE?
• Social enterprises are social mission driven
organizations which apply market-based
strategies to achieve a social purpose.
• Using the power of business for social good
(Change.org)
• Positioned between public and private sector.
SOCIAL ENTERPRISE
CHARACTERISTICS*
• It directly addresses an intractable social need and
serves the common good, either through its products
and services or through the number of disadvantaged
people it employs.
• Its commercial activity is a strong revenue driver,
whether a significant earned income stream within a
nonprofit’s mixed revenue portfolio, or a for profit
enterprise.
• The common good is its primary purpose, literally
“baked into” the organization’s DNA, and trumping all
others.
*Social Enterprise Alliance
LEGAL FRAMEWORKS
LEGAL STRUCTURES EUROPE
•Various legal forms inside the national legal
systems. Primarily not-for-profit, but not restricted
to that e.g. associations, cooperatives etc.
•Associations are common in France, Belgium
•Cooperatives are more common Northern Europe,
Italy, Austria, Germany, Sweden
•1990s creation of new legal forms -> Social
Cooperative
European Commission Guide Vol.4
LEGAL FRAMEWORK IN GREECE
• Law on Social Economy 4019/2011 establishes
the form of Social Cooperative Enterprise
• Summer 2013: Informal Network of Social
Cooperative Enterprises (around 240 Soc.
Coops.)
• Other legal forms of Social Economy in Greece:
Grassroots, Informal Structures, Cooperatives,
Non-Profits, Associations etc.
IMPACT OF SOCIAL ENTERPRISES
IN EUROPE
IMPACT IN NUMBERS
14.5 million paid employees =
6.5% working population
Social economy organisations by country (Top 10)
United Kingdom
875 555
Germany
513 727
Other countries
434 804
Hungary
61 024
Poland
94 945
Italy
97 699
Czech Republic
10 1785
Austria
118 475
Finland
134 490
France
192 497
Spain
200 768
*Data from Ciriec International (2012), ‘The Social Economy in the European Union’.
SOCIAL FINANCE
• Ethical/ Social/ Impact Investment
• Cooperative Banks/ Social Banks
• Foundations
• Microfinance
• Crowdfunding - EC launched a public
consultation for policy framework just Oct.3
• Local or community currencies
SOCIAL INVESTMENT LANDSCAPE
SOCIAL IMPACT ASSESSMENT
SOCIAL IMPACT
• Input
• Activities
• Output
• Outcomes
• Goal Alignment
SOCIAL IMPACT EXAMPLES
• Output: Changes in attitudes, behaviors,
skills etc.
• Outcome: Measurable results e.g. units of
housing, people employed etc.

EF,-)7$DBCD9,)B*DG%B'<//0&

D33
3
SOCIAL IMPACT =
SOCIAL VALUE CREATION =
MEASURE OF CHANGE
SOCIAL IMPACT ASSESSMENT
Tools of social science, program evaluation,
business practice.
•Analysis
•Monitor
•Managing
•Direct or indirect social effects
SOCIAL IMPACT ASSESSMENT
SOCIAL IMPACT ASSESSMENT
SOCIAL IMPACT ASSESSMENT
• Theory of Change
• Apparent effectiveness -> Data
• Demonstrated effectiveness -> Systemic
• Proven effectiveness -> Research Design
THEORY OF CHANGE
• Understanding by stakeholders of the
process that will generate social impact.
• Relationship between actions, short-term
outcomes and long-term outcomes.
Thank you! :)
Konstantina Zoehrer
Social Impact Designer
konstantina@thirdeye.gr

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