In Research


Year: 2020
Published in: SSRN Electronic Journal
Cited as: Terziev, Venelin, Nelly Bencheva, Teodora Stoeva, and Marin Georgiev. “Successful Models of Social Enterprise in Bulgaria.” Available at SSRN 3719746 (2020).


Bulgaria, social entrepreneurship, social enterprise, social economy, public policy.


Social entrepreneurship is identified at European Union (EU) as a key instrument for regional cohesion and overcoming the problems of poverty and social exclusion. As part of its policy to promote the social economy and social innovation, social entrepreneurship contributes to achieving the strategic goals set in 2020. Successful social enterprise is an operating company with a social cause, a positive financial result, which is independent in taking decisions does not depend entirely on external financing, a clear perspective for development and achieving social goals.