What is a ?
A business with primarily social objectives whose surpluses are ethically and principally reinvested for that purpose in the business or community, rather than being driven by the need to maximize profit for shareholders and owners
The Social SME Academy objectives are:
Motivate potential entrepreneurs to develop business ideas and start a social business.
Support young entrepreneurs’ professional development through transnational trainings and online video tutorials to improve their entrepreneurial, business and personal skills and competences.
Facilitate the establishment of social enterprises through the creation of a manual containing a step-by-step guide on how to set up a social business.
Support the start-up phase of 50 youth early-stage/potential social enterprises by implementing an innovative mentoring and business training programme and valuable advices.
Target groups are young unemployed people and want-to-be or early social entrepreneurs from United Kingdom, Italy, Poland, Portugal, Spain, aged 17-30, who lack the necessary entrepreneurial skills and competences that would help them to start up their social enterprise.