SUPPORT the locals – ShopByLocals is an independent marketplace
for local shops around the world.

What is a Social Enterprise?

A social enterprise carries out social activities while doing business.

The following characteristics must be met in order to call yourself a social enterprise:

Social enterprise in Denmark, there is an agreement that a social enterprise must be defined as a company that:

  • Has a social aim – to do good for individuals or communities
  • Sales products or services – and is not just a project that seeks financial support
  • Reinvests any profits back in the company – shareholders cannot take out dividends
  • Registers as a business with a CVR (VAT) number – it must be a company, not a project or part of the public sector
  • Is democratic and citizen-oriented – it is legitimate in relation to its surroundings

A traditional entrepreneur only has to relate to the market.

A social economic entrepreneur must also relate to the rules of the public sector and the unpredictable volunteers from civil society.

Although many companies have a respected social approach in the community, they are not defined as a social enterprise unless they follow the above characteristics.

Social economic entrepreneur

The entrepreneurs behind a social economic activity are social economic entrepreneurs. A social economic entrepreneur can also spark initiatives within a traditional business or organization.

The definition of a social economic entrepreneur is:

One or more individuals, groups or initiatives that identifies a societal or individual unresolved problem and develop innovative initiatives with a significant social and economic value and manages to engage the civil society as part of their venture.

Social Entrepreneur works in three worlds

It is somewhat more complex to be a social economic entrepreneur than an ordinary entrepreneur.

A leader of a social enterprise must be able to work within the three pillars on which the Danish society is structured around:

Chat with local seller or us
Chat with local seller or us
Questions, doubts, issues? We're here to help you!
None of our operators are available at the moment. Please, try again later.
Our operators are busy. Please try again later
Have you got question? Write to us!
This chat session has ended
Was this conversation useful? Vote this chat session.
Good Bad