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A dependable partner of Social Economy Korea Social Enterprise Promotion Agency

Building an Ecosystem

Partnership network

  • A supportive ecosystem of social enterprises comprised of networks by region, business sector and area of specialization.
National (regional) network
The key objectives are to respond to the changes in regional policy regarding the social economy, contribute to building a social enterprise ecosystem and raise public awareness of the social economy.
Business network
The main purpose is to generate sizeable employment, expand service scope and enhance service quality through support with franchising and joint projects.

Building awareness

Promoting the social economy

  • With the aim of raising public awareness and understanding of the social economy, KoSEA strategically utilizes online and media platforms to promote the achievements and values of social economy enterprises.
  • We also organize fairs, events and award ceremonies during Social Economy Week, which is held in the first week of July.

International cooperation

  • KoSEA seeks ways to enhance the social economy ecosystem through cooperation and communication with international organizations and overseas agencies related to the social economy.
  • KoSEA hosts Social Economy Leaders Forum, organizes overseas training programs and engages in international cooperation to benchmark leading policies and practices aimed at advancing support for social enterprises.

Policy development

  • KoSEA collects, manages and organizes data on the social economy, conducts research on strategies to promote the social economy and provides support for policy improvement.
Policy development
  • Our agency builds a statistical database on the social economy and monitors policy status.
  • We engage in professional research towards development of social economy policy.
  • We organize overseas research and training on the social economy towards solving policy issues.
Business development
  • KoSEA develops business models optimized for the social economy.
  • We build expansion strategies through standard modeling.
Realization of social values
  • KoSEA supports development of a draft Framework Act on Social Value Realization by Public Institutions, evaluation guidelines for the public sector and other legal systems.
  • We also disseminate best practices of public institutions realizing social values.
  • And support the private sector in fulfilling social values through socially responsible management.

Evaluation and Monitoring

  • KoSEA reviews, analyzes and publicizes the performance results of social enterprises towards ensuring their accountability and transparency.
Evaluation of social values
  • Objective indices are used to comprehensively measure economic and social achievements of social enterprises.
  • We operate and manage the Social Value Index, strive to make it more sophisticated, and train on and promote expansion of its application.
Review of business reports and performance analysis
  • KoSEA analyzes social and economic achievements through the business reports submitted by social enterprises.
Voluntary public disclosure of management performance
  • KoSEA provides support (manuals on developing reports, regional briefings and consulting) with voluntary disclosure of management performance, aimed at increasing transparency of social enterprises in relation to social value realization and management status to interested parties.
Fact-finding survey on social enterprises
  • KoSEA carries out surveys on the activities of social enterprises once every five years. The results are used as baseline data for the government to develop policies to promote social enterprises.