Press Release: Social entrepreneurship: new standard to measure social impact

On 20 June 2014, a new standard to allow social enterprises of all sizes to better measure and demonstrate their social impact and so help them in their discussions with partners, investors, and public sector funders has been published by the European Commission.

The standard, featured in a report on social impact measurement, was help European social enterprises to benefit from funding via the European Social Entrepreneurship Funds (EuSEF) and the new Employment and Social Innovation programme (EaSI). The report has been endorsed by an expert group on social entrepreneurship (GECES) set up by the Commission.