ABOUT

Definition

Social Enterprises are businesses that create positive change and make the world a better place. They can be found in every industry sector all around the world and have been around for many years. Many people think that social enterprises are the way business will be done in the future. The general global guidelines that comprise a social enterprise are:

• Have a clear social and/or environmental mission set out as their main objective

• Lead an economic activity and generating the majority of their income through that activity

• Operate with ethical and reputable principles

• Reinvest part of their profits into the social enterprise

• Be accountable and transparent

• Be autonomous of state

 

About SEAM

SEAM - Social Entreprenuers Association Malta - is a network of entrepreneurs committed to bring positive change. We are interested in working with a sense of duty, and a set of honourable ethics and principles to create innovation and impact in the environmental, social and cultural sectors.

 

SEAM is a not-for-profit Voluntary Organisation offering an inclusive frame-work to assist social entrepreneurs and cultivate a new mind-set based on the Triple Bottom Line (TBL); suggesting that companies should look beyond profits, and include social and environmental contributions in their organisation's mission. The three pillars of the TBL being Profit, People and Planet. 

 

Objectives

The objectives of SEAM are to:

• Raise awareness and educate society about social entrepreurship, particularly amongst start-ups and students.

• Provide a holistic package to anyone who aspire to become a social entrepreneur by offering a comprehensive eco-system to foster their growth and success.

• Encourage collaboration between local and cross-border social entrepreneurs

• Lobby for the recognition of the Social Enterprise Act as a legal business type in Malta and advocate for the interest of the sector at local, regional and national levels

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