Social entrepreneurship is a particular for
m of entrepreneurship that is part of a wider idea of Social Economy. Social economy is a broad concept set around four types of organizations that we recognize nowadays: co-operatives; mutual societies; associations and foundations and social enterprises (Arpinte et al, 2010; European Commission, Enterprise and Industry: Social Economy, 2011).
Social Enterprise is a new model of business with a social goal that is still not treated as such in the Macedonian economy but it is widely practiced around the World. Established entities are recognizing business opportunities, involve target groups in their work and provide them support, run commercial activities to gain profit that is later on reinvested in the social enterprise and/or used for financing programs such as environmental, social, economic, technological etc. They are mass recruiters of local people, providers of fair products and services at below market prices and driving force for local economic development. Although they are not limited by industry, their work is mainly focused on the following areas:
- Work integration (training and integration of unemployed persons);
- Personal services (e.g. childcare services, services for elderly people, 'proximity' services, aid for disadvantaged people) and
- Local development of disadvantaged areas (e.g. social enterprises in remote rural areas, neighborhood development/rehabilitations schemes in urban areas)
European Commission approximates that there are near 2 million social enterprises in Europe that are employing around 11 million people.
The practices are showing that social enterprises can be established under various legal forms: as limited liability companies, protected companies but the most favorable legal structure in the Macedonian economy are Associations (see the Study about the potential for development of social enterprises in Macedonia at the Resource section). Based on the new Law on Associations and Foundations (2010), these organizations have the opportunity to run commercial activities that will be treated as non-profit if the profit earned is used for the purpose of the Status of the organization.
Social Entrepreneurs are persons motivated to find solutions to most pressing social problems by using the business as tool to seize the market opportunities and change society for the better. Their work relies on the principles of ethics, fairness, participation, involvement of other change makers and replication of positive examples that foster community growth.







