There are several definitions of the social and solidarity economy, but we prefer this one:
"The social and solidarity economy is a movement that aims to change the current social and economic system. Solidarity economic principles serve as the new basis – principles based on exchange that connects individual needs with those of the community."
Basically, it means that the economy meets the needs of all people instead of just creating more needs – and that national and international policy creates the conditions to enable a supportive framework for this to succeed.
In Malta, we have a rich culture of volunteering, however adding an economic perspective is a whole other story.
Our islands are slowly starting to show some initiative in this sector through the creation of a number of local, social, sustainable enterprises, which have a community impact AND are economically sustainable.
Throughout this project, Kopin will encourage more of these enterprises, try to encourage legal framework for these initiatives, share information on funding opportunities and stage a number of events open to the public.
SUSY will rock the Maltese Islands to the core!