MERSE has developed a simplified online tool with the intention of better helping small social enterprises to measure and communicate the social value of their operations to the stakeholders.
Lack of clarity about the social impact and long-term savings in society has for a long time limited social enterprises’ sustainability. Assessing and communicating results and impact of the social value to stakeholders is repeatedly highlighted as a central challenge in the field of social entrepreneurship. Despite the various evaluation tools already excisting on the market, the adaptation to small social enterprises is poor and therefore difficult to use for those ventures.
The assessment and communication of social value is important from various perspectives. It’s about being able to attract users and financiers, but also to identify need for change in the own company.
