SOCENT ECOSYSTEM IN GREECE

25,1% 27,7% 20KUNEMPLOYMENTBELOW POVERTY LINE HOMELESS

There is a common belief that social entrepreneurship is a very new field in Greece.

Fact is that the social sector has a long tradition in Greece, which seems to unleash with new initiatives during the last years.

ECOSYSTEM

AwarenessMaps & Lists

LEGAL FRAMEWORK

• 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.

FINANCE

Unfortunately there are not enough targeted financial/ investment tools for social enterprises yet. Except grant-making institutions and mostly restricted to the non-for-profit legal entities.

• EU/ Governmental Funds

• Foundations

• No targeted tools by financial institutions

• No micro-funding

PROPOSAL “FINANCE”

• Consortium of philanthropic foundations

• Change of taxation status

• Social impact assessment practice

• Private micro-finance platform

• Demand to transform awareness into tangible sustainable solutions

• Building on existing infrastructures

• Improving collaboration platform between organizations

POTENTIAL & IMPACT

EXAMPLES IN GREECE

• Apply design process to solve social problems

• Combine Design & Social Entrepreneurship

• Transform social services

• Ecosystem capacity building through design process e.g. Think Social. Act Business.

• Corporate services for social impact to achieve sustainability

• Meaningful products and services e.g. our complimentary health care access system for low- and no-income groups

Thank you

Konstantina ZoehrerSocial Impact Designerkonstantina@thirdeye.gr