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Social Business Incubator

SOCIAL AND SOLIDARITY ECONOMY (SSE)

This term covers several related structures based on common values and principles: social utility, cooperation, and a local foundation adapted to the needs of each region and its inhabitants. SSE activities provide responses to social and societal needs by combining sustainable economic activities with positive social effects. They contribute to inclusive, intelligent, and sustainable growth, quality jobs, social cohesion, and local and regional development. Since 2009, Luxembourg has had a ministerial department for the social and solidarity economy dedicated to promoting the SSE at national and international level. Since 2016, a law has highlighted the specific features of the social and solidarity economy in Luxembourg.