Spain Advances Social Economy Visibility and Support with New Seal and Local Agreement
Spain advances its social economy sector with a new national seal to boost visibility and a local agreement in Alcalá de Henares promoting labor societies and cooperatives.
- • Yolanda Díaz unveiled a new Social Economy seal to enhance visibility of social economy entities.
- • The seal is available to cooperatives, labor societies, and other registered social economy bodies.
- • Alcalá Desarrollo, ASALMA, and FECOMA signed an agreement to promote social economy in Alcalá de Henares.
- • The local agreement focuses on supporting social economy projects and creating stable jobs.
- • The agreement includes training, advice, and a governance commission for ongoing coordination.
Key details
Spain is making significant strides to promote its social economy sector with two recent developments: the unveiling of a new Social Economy seal by the national government and a local collaboration agreement in Alcalá de Henares aimed at bolstering social economy enterprises.
On a national level, Yolanda Díaz, the second vice president of the Government and Minister of Labor and Social Economy, presented a new Social Economy seal designed to raise the visibility and appreciation of entities operating within this economic model. The seal targets registered organizations such as cooperatives, labor societies, social mutualities, and agricultural transformation societies. Díaz emphasized the transformative impact of these entities, stating, "We need to increase the visibility of the Social Economy, reach all citizens, and show that its activities transform daily lives, and that actively participating in the Social Economy is a commitment to a better world."
Concurrently, El Ente Público Empresarial Alcalá Desarrollo, part of the Alcalá de Henares City Council, signed a collaboration agreement with the Agrupación de Sociedades Laborales de Madrid (ASALMA) and the Federación de Cooperativas y de la Economía Social de Madrid (FECOMA). This partnership aims to promote labor societies and cooperatives locally, supporting social economy projects to strengthen the local productive fabric and foster stable, quality employment.
The agreement involves providing entrepreneurs with information, advice, and direct support to launch social economy businesses, while also enhancing competitiveness of existing companies. Alcalá Desarrollo commits to raising awareness and offering training on collective entrepreneurship and social economy development strategies. The agreement is valid for two years, free of charge, and may be extended up to four years. Oversight will be managed by a Mixed Commission to coordinate activities and assess progress.
Together, these initiatives showcase Spain’s commitment to boosting the social economy sector through increased visibility at the national level and practical support on the local level, signaling a sustained effort to foster economic models that prioritize social benefit and quality job creation.
This article was synthesized and translated from native language sources to provide English-speaking readers with local perspectives.
