The project is co-funded by EU through the Interreg-IPA CBC Bulgaria–Serbia Programme.
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29.04.2020 17:01

European Commission Criteria for Defining Social Entrepreneurship

Although the regulation in the field of social entrepreneurship is not yet at an enviable level, the European Commission has defined several criteria on the basis of which it is possible to determine whether a business can be considered social: [7] • has to do business, • there must be an explicit and primary social goal, • there must be restrictions on the distribution of profits and / or assets, • must be independent and • must have inclusive management.