Key learnings from this year’s Social Innovation Summit

Key learnings from this year's Social Innovation Summit
NFGL Local Network Halmstad's Eduardo Acosta Llano recalls his trip to the Social Innovation Summit in Malmö.

On November 12, thanks to an invitation from the Swedish Institute, I had the opportunity to be present at one of the most important sustainability summits in the country. The Social Innovation Summit is organized in Malmö every year and brings together entrepreneurs, leaders, business people and government representatives during two days and where sustainable development issues are discussed in order to know how we all can contribute to achieving the 17 sustainable development goals proposed by the UN by 2030.

Among the most important lessons the event has taught me was being able to hear how companies in Sweden and other Scandinavian countries increasingly give priority to the issue of environmental and social sustainability.

Social entrepreneurship

New entrepreneurs are getting more and more aware of the role that companies play in the social and environmental fields. The inspiring stories of the entrepreneurs who shared their ventures with the attendees allowed us to see that business can be conceived in a responsible way and each process can generate value to the consumer, companies and society.

Currently, businesses are developed from a circular and efficient principle that is not only financially sustainable but also includes innovative practical processes that generate the least possible negative impact for the actors and environment.

Innovative Government

Without a doubt, innovation and social entrepreneurship would not make sense without the co-design of norms and laws between companies and the government. It's why the Malmö government is constantly willing to work and experiment in new ways of generating business ideas in order to support entrepreneurs through appropriate facilities and ecosystems that allow them to design, test, experiment and refine their sustainable business ideas. These ideas can later be launched to the market and thus generate spaces for new entrepreneurs to join and commit to achieving the sustainable development agenda for 2030.

Key learnings

As an international SI student I constantly try to take advantage of each of the opportunities to learn and gain knowledge outside the classroom. These types of activities and events have allowed me to see how the theoretical world is put into practice in real scenarios.

This summit was a confirmation of my previous knowledge about Sweden, a leading country in sustainability, innovation and entrepreneurship, so I could not have made a better decision to first choose Sweden as the country to develop my studies, and second, to be proactive and curious enough about the extracurricular activities you can attend.