Nikos is working together with the Department of Governance and Technology for Sustainability (CSTM), the Department Design, Production and Manage (OPM) and Venturelab International Holding B.V. on business pre-incubators for deprived regions. This has taken shape in the form of a project we call PC3, which stands for Product Co-Creation Centers.
PC3 offers a specialized program where potential (social) entrepreneurs with no required technical or business expertise interact with a panel of experts to co-create (innovate) products from an initial idea down to a physical prototype with a business plan (Jauregui-Becker, Franco-Garcia, & Groen, 2013). The research that PC3 carries out investigates the development of an economically suitable and scalable model to boost the development of the deprived regions by providing individuals with competences to start-up their own (social) businesses.
PC3 combines entrepreneurship research (Nikos), product development approaches (OPM) and sustainability principles (CSTM) to address current social issues in deprived regions. After four years of research and testing, we have implemented PC3 in Colombia and we are currently working hard on implementing PC3 in the Netherlands, India and South Africa. We are always on the look-out for new partners and for new ways to develop our program with regional actors. If you are interested and want to work with the PC3 team, please send an email to: email@example.com
To celebrate the work Nikos has done with regard to social entrepreneurship and PC3 we have organized a social entrepreneurship symposium. The University of Twente is known as the entrepreneurial university. The aim of this symposium was to take the entrepreneurial university one step further and relate it to the development of alternative approaches to address social problems. Social entrepreneurship relates to several aspects, such as the development of sustainable solutions, the creation of job opportunities, the empowerment of local regions, or the reduction of inequalities.
In this symposium, we shared the work we have done and the progress we made with regard to research, education, and valorization of social entrepreneurship. We invited you to engage in a discussion about the current state of social entrepreneurship research. Additionally, how we can use research outcomes as an instrument to address social challenges. This resulted in the linked-in group International Social Entrepreneurship, please clink on the link to join. If you would like to see the content of the symposium again please click on this link.