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The Social Entrepreneurship Policy Framework in Lebanon

25-7-2019

In partnership with Beyond Reform & Development (BRD), the Serail hosted yesterday a national consultative workshop on the Social Entrepreneurship Policy Framework in Lebanon. The workshop aims to explain the definition of the social entrepreneurship notion within the Lebanese context, agree on a policy framework, set benchmarks to guide the rehabilitation of social institutions and discuss the future general and special incentives for these institutions. On the occasion, the head of Business Environment and Innovation at the Prime Minister’s Office, Yasmina Khoury Raphael, said our work today focuses on how to better support social entrepreneurship, being an incentive for social change, bolster innovation, create jobs and push for inclusive growth. The workshop, Raphael maintained, is a fruit of three years of consultation between stakeholders to put a national definition for social entrepreneurship and set a model for policies, as well as an institutional structure and an outline for incentives to stimulate the growth of the sector. For her part, the co-founder of Beyond, Natalia Manhal, considered this stage as vital, for it brought together social entrepreneurs and concerned players in business and public institutions to unify the definition of social entrepreneurship, in addition to setting cooperation mechanisms, in order to achieve growth in the sector and reach a sustainable social impact within the whole country. (Al Mustaqbal, July 25, 2019)

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