Social Innovation and Entrepreneurship
UniCredit Foundation leverages the social enterprise model in its relationships with different non-profit players, relying on companies' natural predisposition to economic and financial sustainability and levels of efficiency usually required of them, enabling them to continuously produce and supply goods and services of social benefit while simultaneously helping groups at serious risk of exclusion to find employment.
Social entrepreneurship indeed means managing a corporate economic activity with a view to responding to a specific need present in the community.
The social objective may be sought through the direct provision of services in the field of welfare, education and training, healthcare, etc., or through the production of goods and services of any type intended to create job opportunities for vulnerable individuals.
Another essential feature of the projects supported by UniCredit Foundation is innovative social research, meaning the development of new means of interaction between the public sector, the private sector and the non-profit sector to come up with sustainable solutions to emerging social issues.
Using the principle of circular subsidiarity, all players in a community - including the public itself - can help to plan and manage these actions.