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Our story | Schwab Foundation for Social Entrepreneurship

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Together with my husband, Klaus Schwab, the Executive Chairman of the World Economic Forum, I decided to create a separate foundation in 1998. For decades, the World Economic Forum had engaged the leaders of civil society organizations at the Annual Meeting in Davos and in all activities throughout the year. However, we observed the emergence of a new model for social change: a model that combines the mission, dedication, and compassion to serve the most vulnerable and marginalized populations of society with business principles and the best techniques from the private sector. That model, of course, is social entrepreneurship. We saw the urgent need to identify, highlight and give a platform to these organizations, thus including social entrepreneurs in the meetings, discussion platforms and research projects of the World Economic Forum, as well as developing a community of social entrepreneurs. In addition, we wanted to develop a community of interaction and experience exchange and pr

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