Setting up a social enterprise: “Suggestopedia center for children between the ages of 7 and 14.”

Analysis of social politics suggests that the reduction of direct support leads to the decrease of efficiency, while sustainability remains reciprocal to the invested resources. This negative tendency can be stopped only by fostering innovative social models that could overcome unemployment, poverty, and social exclusion. Social payments and benefits, encouragement in education and qualifications and skills, improvement of access to social services need to be supplemented by targeted action and resources for keeping forms that could be used by the socially vulnerable groups for getting an access to the labour market. Social entrepreneurship is the tool that could effectively achieve those long-term results. In this context, Consulting Center Europe Ltd. foresees the addition of a social enterprise: “Suggestopedia Center for children between the ages of 7 and 14” to its structure. This center will have the following social objectives: 1. Overcoming social injustice and disparities by creating new jobs for unemployed young people under the age of 29 and people above 54. 2. Establishing an innovative model for extracurricular activities for kids, that will achieve socially significant goals in the fields of education and sustainable development. The social enterprise will subordinate its economic activities towards the achievement of socially significant goals by reinvesting a big part of its revenues into the operation of the enterprise itself. The primary and overarching objective of the social enterprise is the development of benefits for the society. The implementation of the project will contribute towards the realization of the European policy for promoting social entrepreneurship, as a powerful tool for achieving a sustainable economic growth.

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Overview

Status Closed (completion date)
Start date 16 May, 2018
End date 16 Oct, 2019
Contract date 16 May, 2018
View in UMIS

Financial information

Total cost 199,944.49
Grant 199,944.49
Self finance 0.00
Total paid 190,425.51
EU participation percent 85.0%

Location