Highlights

Text by: Alyona Lis
“Social investment”, “conscious investment”, “ethical and responsible investment”, “impact investment”… All these terms are used to define a new trend in financial investment, which is gaining popularity all over the world. The investors today are ready to get a lower level of income from their financial investment, provided they achieve some positive social changes or improve the environmental situation.


On May 28, Minsk welcomed the Third Belarusian Social Business Forum, a platform to exchange best practices and discuss how businesses can contribute to solving social and environmental problems. This article contains an overview of new social enterprises and forms of cooperation with large businesses.

 


On May 28, Minsk welcomed the Third Belarusian Social Business Forum, a platform to exchange best practices and discuss how businesses can contribute to solving social and environmental problems. This article presents an overview of the development of social entrepreneurship in Belarus and Russia, the possible adoption of a Belarusian social entrepreneurship legislation and of the situation in Latvia, which adopted a similar legislation last year.


Aksana Bernatskaya, a graduate of our Biz4all-2 social entrepreneurship school, is working tirelessly together with her colleagues to shape up the local community and create an inclusive, welcoming space for everyone. EcoZhizn” (“EcoLife”) leisure centre for adults and children has grown to include a mini kindergarten, a theatre studio and an inclusive workshop, as well as many other activities held all year round.


Another team of graduates from our social entrepreneurship school Biz4all-2, Hanna and Andrei Verbitsky, live in the village of Mikhalova near Lahoisk and are owners of the Dymki creative space. The family moved to the village from the city, and they have been trying to bring the local community together and make suburban life more diverse. Over the past 10 months since the space opened, the Verbitskys have set  up the first playground in the village, organized a big family picnic and alternative New Year performances, and have regularly welcomed guests from the capital city.


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