JUNGLES OF THE DEFINITION

SEF Riga 2013 Mindaugas Danys Ministry of Economy, Lithuania

Challenges
Awareness

Flexibility

Challen ges

Impact assessment

Social Firms

Why & when do you need a definition?

For promotion?

% of procurement?

public and corporate More volunteers? Access to markets? service monopoly Access to capital? Set a new legal form? Boost social innovations? Use public/EU subsidies?

Social Enterprise Mark UK

Your company must:

have social and/or environmental aims have its own constitution and governance earn at least 50% of revenue from trading (or as a new start, you pledge to reach this within 18 months) spend at least 50% of profits on social/environmental aims distribute residual assets to social/environmental aims if dissolved demonstrate SOCIAL VALUE

Evolution

Definition

Access to market Social initiatives

Impact measurement

Awareness, promotion

Thanks

Mindaugas Danys mindaugas.danys@gmail.com