Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-12-Speech-3-530-000"

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"en.20120912.27.3-530-000"2
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"Social enterprise is a theme which may be very important for addressing mass unemployment - which is one of the EU’s key problems - not only in the current crisis but also in the future. Social enterprises are exclusively small and medium-sized enterprises, and their mission reflects a strong emphasis on sustainable development, or development that supports the inclusion and resolution of the EU's social problems. This means that investments in social enterprises should have a greater positive social impact than general investments in small and medium-sized enterprises. The aim of the proposed regulation is to create a legislative framework adapted to the needs of social enterprises. It focuses on a clear elucidation of the properties that distinguish social enterprise funds from the broader category of alternative investment funds. Only funds that fulfil these characteristics are eligible for resources as social enterprise funds on the basis of the proposed European framework. It introduces unified requirements for the administration of entities identified as a European social enterprise fund, for investment portfolios, investment techniques and the eligible enterprises on which they can focus. Unified rules make it possible to utilise a valid certificate of registration for European social enterprise funds throughout the EU. Issues of transparency are also resolved. Investments are directed towards social return or a positive social impact. Funds must be supported with corresponding tax rules in the EU. The concept of social enterprises forms part of the programme of the Confederal Group of the European United Left – Nordic Green Left, which therefore supports it."@en1

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2http://purl.org/linkedpolitics/rdf/Events_and_structure.ttl.gz
3http://purl.org/linkedpolitics/rdf/spokenAs.ttl.gz

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