ESF Funding for the Development of Romanian Social Enterprises – Regional Distribution
Social enterprises have been proved to be important actors in the regional development through market approaches to societal problems. The development of the social entrepreneurship sector in Romania was supported in a great measure by the European Social Fund (ESF), which granted funds within the “...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Ovidius University Press
2022-09-01
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| Series: | Ovidius University Annals: Economic Sciences Series |
| Subjects: | |
| Online Access: | https://stec.univ-ovidius.ro/html/anale/RO/2022-2/Section%201%20and%202/4.pdf |
| Summary: | Social enterprises have been proved to be important actors in the regional development through market approaches to societal problems. The development of the social entrepreneurship sector in Romania was supported in a great measure by the European Social Fund (ESF), which granted funds within the “Development of social economy” calls for proposals in the period 2007–2014. These
actions were taken before legislation regarding social entrepreneurship or social economy would come into force. The research presented in this paper is based on data provided by the Romanian authorities managing grants for the development of social enterprises and the Romanian Ministry of Public Finances. Data were further analysed, classified and transposed in visual maps. The correlations made with the GDP/development regions showed a lack of perspective regarding the
distribution of funds depending on the development needs. The paper wishes to emphasize the importance of strategic planning in the European funds distribution. |
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| ISSN: | 2393-3127 |