The Commission’s Social Business Initiative

Author (Corporate)
Series Title
Series Details No.61 (No.3, 2011)
Publication Date July 2011
ISSN 1830-5210
Content Type

One of the 12 key actions to boost the single market in European Commissioner Barnier’s Single Market Act concerns promoting social business. As the internal market is based on a “highly competitive social market economy”, the Commission considers the time has come to include actions that will gear towards a more inclusive, socially fairer and a more environmentally sustainable growth. At a time when Europe sees an increase in new business models that allow societal concerns to take precedence over the objective of financial profit, the Commission is taking steps to create a more conducive environment for social entrepreneurship.

Source Link Link to Main Source http://ec.europa.eu/internal_market/smn/smn61/index_en.htm
Related Links
European Commission: DG Internal Market and Services: Publications: Single Market News http://ec.europa.eu/internal_market/smn/index_en.htm
Wikipedia: Social Business Initiative http://wikipreneurship.eu/index.php5?title=Social_business_initiative

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