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"Social Entrepreneur 2007 in France" ... and the first prize goes to the founder of an EQUAL childcare project!!!

Schwab Foundation logoFebruary 2008

Question: What is there in common between the Davos World Economic Forum (WEF) and a French EQUAL project? Answer: Klaus Schwab is the Chairman and Founder of both the WEF and the Schwab Foundation for Social Entrepreneurship which awarded its prize in France for the very first time in 2007. The winner was Anne-Karine Stocchetti, who was acknowledged for her achievements in the field of childcare – 24 hours a day, 7 days a week – developed in her Gepetto and Alice EQUAL projects.

"Since 1998, the Schwab Foundation has been roaming the world in search of exceptional entrepreneurs, who know how to innovate and make new economic models viable and profitable, whilst responding to real social, cultural or environmental issues," explains Pamela Hartigan, Executive Director of the Foundation. These social enterprises can be profit oriented or non-profit organisations, associations or companies but they have to fulfil following criteria if they are to become one of the top five finalists:

  • Innovation to help the community: the successful social entrepreneur must have an idea which challenges current practices and through its implementation actually promotes social change;
  • Sustainability: the candidate must prove that she or he has set up the necessary organisational and financial framework to make the project viable in the longer term;
  • Direct impact: the project must demonstrate that it deals directly with the intended beneficiaries, that its achievements are being monitored and properly documented and thus, that its impact is measurable;
  • Transferability: the project promoter and/or others with similar interests must have undertaken to disseminate the project's outcomes.

Gepetto logoEach year, the Board selects about 20 social entrepreneurs from around the world and these successful candidates receive financial support for three years. During this time, they are invited to participate in various Social Entrepreneur Conferences and the Annual Meeting of the World Economic Forum held in Davos.

Last year, the final competition was tough, as the other four entries for France were:

  • A network of micro-credit and micro-insurance;
  • A water purification system for the Third World;
  • A project promoting the vocational integration of disadvantaged people through organic farming;
  • An ecologically-friendly car wash.

However, Anne-Karine Stocchetti convinced the ten high-flying members of the WEF jury that Optimômes, her childcare company was the best and the most promising candidate. Her project Gepetto had joined the first round of EQUAL, followed by Alice in the second round. Optimômes now has eight members of staff and the whole Gepetto network employs 45 people. All are Anne-Karine Stocchetticoncerned to provide quality care services at home for children whose parents work on so-called "atypical" schedules and such parents represent 30% of the workforce, in France. The costs of this service are borne primarily by the parents' employers but are also partially met by a means-tested contribution from the family. Since 2003, the two EQUAL projects have delivered 60,000 hours of childcare to 1,800 children from 1,200 families. The projects' evaluation has shown that this form of home support has provided stability for the children and contributed to their development, whilst removing one of the major obstacles to the employment of their parents, 60% of whom were single parents. For the employers of the parents, it has also reduced absenteeism amongst these employees and increased their productivity.

"Never give up, you might just be two seconds away from a miracle happening!" says Anne-Karine Stocchetti. Her strategic vision for the future includes a franchise network of 70 crèches and mini-crèches, auditing services, a series of mapping tools on childcare as a contribution to local development, a reinforcement of the partnership with the family benefits services and, last but not least, promoting the place and role of men in the field of childcare.

The article in the "Expansion"Her success has brought her wider public interest and acclaim in France. In March 2006, she was awarded the Ordre National du Mérite (National Order of Merit) for her services to the community. Then, in 2007, the Schwab Foundation prize resulted in her work being featured in the financial magazine, L'Expansion, which has a wide circulation within the economic and business sectors in France.

 

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  • Click here for details on the DVDs produced by Gepetto.

 

 

 

 
 

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