FINANCIAL INCENTIVES AND SUPPORT MECHANISMS FOR SOCIAL ENTERPRISES IN WESTERN BALKAN COUNTRIES (WBC)

Abstract

The main objective of the paper is to identify the conditions and the modality of financial support for efficiently development of the the social economy and social entrepreneurship in Western Balkan countries (WBC). More specifically, this study provides a comparative analysis of the social economy ecosystem in the Western Balkans region. The methodological approach is based on the synthesizing of data of each country, as well as on the synthesis report that summarizes similarities and differences within the countries. It includes methodological guidelines with specific recommendations and a general approach on how to structure programs to develop the social economy in the countries involved in the study. Putting in place an enabling environment for social enterprises is critical if they are to fulfill their potential in contributing not only to the creation of jobs, but also to addressing wider social and economic needs, and to promoting more cohesive and inclusive societies.