The Schwab Foundation for Social Entrepreneurship is a Swiss not-for-profit organization founded in 1998 that provides platforms at the country, regional and global levels to promote social entrepreneurship. The foundation is under the legal supervision of the Swiss Federal Government. Its headquarters are in Geneva, Switzerland. Each year, it selects 20–25 social entrepreneurs through a global "Social Entrepreneur of the Year" competition. In 1998, Klaus Schwab and his wife Hilde decided to create the independent not-for-profit Schwab Foundation for Social Entrepreneurship. Its mission was to promote social innovation. It was a complementary foundation to the World Economic Forum which Klaus Schwab had founded in 1971. More information...
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