Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-13-Speech-4-162-000"
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"en.20120913.29.4-162-000"2
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"Mr President, I should like to lend my support to the report by Sophie Auconie, which aims to support social entrepreneurship and social investment through the creation of a European label for European Social Entrepreneurship Funds.
This label will aim to help investors easily identify funds which are primarily used to invest in European social undertakings. In order to benefit from this label, a fund will have to have invested 70% of the capital received from investors in social undertakings.
As a member of the Committee on the Internal Market and Consumer Protection, I am particularly interested in the creation of this European Social Entrepreneurship Fund, which Commissioner Barnier has kept in the Single Market Act among the 12 levers for growth in Europe, and which attests to the fact that our work can have an impact on concrete measures for supporting this growth.
Social entrepreneurship already represents 10% of our European enterprises and 11 million workers: that is important. We must support it and implement a real strategy for development and support in this area."@en1
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