BWM Foundation Herbert Quandt
The BMW Foundation aims to facilitate global dialogue and to drive social innovation. To this end, we bring together people from across cultures, countries and communities around selected key areas: Responsible Leadership and Transsectoral Colaboration.
One of the Key Areas for The BMW Foundation is: Social Enterpreneurship
The BWM Foundation Goal in that key area is:
to increase the acceptance of social entrepreneurs and support them by connecting them with businesses, private investors, governments, and administrations.
The concept of social entrepreneurship has received a lot of attention in recent years. It has inspired people worldwide to take a new and unconventional look at social and ecological problems and to become social entrepreneurs themselves. But unlike business founders and entrepreneurs who can draw on a good support structure, social entrepreneurs generally lack such services and offers.
Social enterprise broadens society’s repertoire and provides new ideas and approaches to solving social problems. Having an environment supportive of social enterprises can have the effect that social entrepreneurial approaches and solutions are also taken up by established actors and that social and welfare-state problems can be solved in a better, faster, and more cost-efficient way.
The BMW Foundation Approaches and Instruments
We cooperate with and support organizations that seek to improve the environment for social enterprises by providing financial support and consultancy to social entrepreneurs, by studying the topic academically or scientifically or by carrying the concerns of social entrepreneurs into the political and social sectors. We also support individual actors that take a creative and entrepreneurial approach to working towards a better society, providing them with concrete and tailored support and advice. Moreover, we seek to activate the know-how and knowledge of the BMW Foundation Responsible Leaders for their benefit.