Presentation of the Social Economy Canvas

Submitted by Tedora Aibu on 17 June 2020

Summary of the European Alliance Against Coronavirus Daily Webinar on 16 June 2020 

Karel Vanderpoorten from DG Grow and Alessandro Rancati from EU Policy Lab introduced the Social Economy Canvas as a new tool to evaluate and analyze in detail social impacts. The model is designed for entrepreneurs, investors, and policy makers and goes further than the classic Business Model Canvas for entrepreneurs. The main scope of this revisited model is to support companies, investors and policy makers by showing and analyzing their different relationships, actions and benefits. It is based on a visual approach and the main phases include the identification of all the actors involved within the ecosystems and their interactions.

The social dimension is one of the main pillars of the Sustainable Paradigm, intended as a triple objective through which societies, companies and networks can cover economic, environmental, and social aspects in their activities. The social dimension involves all economic and industrial sectors since the stakeholders’ relationships form the base of the network and the system’s dynamics. In this context, it is very important to look at all the impacts that social aspects generate within the ecosystems they are closely connected with.

For a correct exploitation of the model, entrepreneurs are asked to develop a map in order to have a clear idea of their impacts and can formulate goals from a social and relationship point of view. The entrepreneurs are invited to develop both intangible and tangible relationships (e.g. monetary). One of the main strengths of the model is that it is transversal and can be used for social economy businesses as well as other different kinds of businesses.

A recording of the session is available here.  

These are the complete minutes of the meeting: 

20200616 ECA dailyminutes_V2.pdf

Find information on the previous meetings are here; information on the upcoming agenda are here.  

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