Because social entrepreneurship is a fairly new concept in Latvia, Lesinska believes the country is at an opportunistic point where they may figure out what they want to build and what they might want to put
“We are at the beginning of building the concept of social entrepreneurship. We don’t have any legislation or funds regarding social entrepreneurship,” said Lesinska. “In spite of that, we have several organizations that are social businesses if we look at the definitions made by Muhammad Yunus or the European Commission.”
Lesinska estimates that there are roughly 10 to 20 visibly noticeable social businesses in the country, and there may be many others that are uncounted for or do not know that they are social businesses.