In Research


Year: 2018
Published in: SSRN Electronic Journal
Cited as: Terziev, Venelin and Arabska, Ekaterina, Social Entrepreneurship in Bulgaria and Europe (December 2017). Available at SSRN: or


In the last decade the concept of development and promotion of social economy and social entrepreneurship are part of the EU policy to tackle the social exclusion of persons in a vulnerable position. Also, the model of social economy is one of the key instruments for achieving social objectives within the framework of the sustainable and inclusive growth. Social benefits are measured by integration and employment of disadvantaged people, the contribution to the process of social inclusion of other vulnerable people, and the economic indicator is expressed by saved public funds for social welfare, on the one hand, and the additional funds compensating the social costs of long-term unemployment. What is important to happen is to create suitable conditions for the development of social enterprises with the widest possible range – vulnerable groups themselves and their problems are diverse and different, and the „answer” to their needs must be flexible in order to be efficient and effective; the “way to solutions” is not important – the paths may be different, as are diverse and vast opportunities for economic initiatives that leads to the result itself, the result is important – better integration and sustainable tackling of social exclusion.

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