Article by Toufa Ameur Hadad, REMESS, Marroco

In recent years and in a complex economy characterised by a single objective of profit maximisation, there has been a pursuit by social and solidarity economy organisations of new alternative models that are more sustainable and humane than the old classical models.

The current health crisis has revealed the shortcomings and limitations of the classical economic model, which are generally related to the problems of sustainability, durability and efficiency. The traditional idea of business as “just an organisation whose sole purpose is to make money” has been challenged.

In Europe and around the world, several initiatives have been launched to better support young entrepreneurs in a process of entrepreneurship, transformation and intervention. It is a process characterised by innovation, aiming at the development of a new formula of social utility entrepreneurship, which responds to the needs of different SSE structures in terms of management, financing and collaboration.

This change is carried out through an inclusive entrepreneurial model that has been able to demonstrate its economic efficiency and respond to the problems of precariousness, social exclusion and inequalities of opportunity. And it has found answers to unavoidable needs that are not met by the state or by the market.

Moreover, social entrepreneurship is now an emerging field that facilitates the social integration of young people into the labour market, since it is not reserved for certain profiles or certain training courses and young people from all walks of life can become involved. The public authorities are aware of this and are sparing no effort to support this system through a triangulation hypothesis between young entrepreneurs, local actors and social economy structures.