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ABM 12
UNIT IV: BUSINESS BEYOND
PROFIT
LESSON 11: WHY SOCIAL
ENTREPRENEURSHIP?
PREPARED & PRESENTED BY: MS. PAZ GODIOSA J. PLANTILLA, LPT
• Business on its own is already a powerful force for
change. It gives employment to people, provides
goods and services that are critical for the economic
development of nations, and in some cases, even
spurs the government to improve its laws and LESSON 11: WHY SOCIAL
•
infrastructures.
But when business and a desire for social justice
ENTREPRENEURSHIP
combine, the result can truly be life-changing. Social
enterprises are changing the way business is done in
order to take on social problems, improve
communities, and protect the environment.
• While commercial entrepreneurs might come out with
the same result (i.e. solving a social problem), as you
have seen in companies that practice corporate
responsibility, that is not its main goal. Social
entrepreneurs, on the other hand, will want to go
deeper into issues that speak to them, dissecting the
social, economic, political, and cultural context of the
problems that they are attempting to solve.
• So how is a social enterprise different from a
business? Likewise, are social enterprises just another
name for nonprofit/ charity organizations?
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DIFFERENTIATING A SOCIAL ENTERPRISE
FROM A COMMERCIAL ENTERPRISE AND
NONPROFIT/CHARITY
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BUSINESS BASICS
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WHAT ARE THE ADVANTAGES OF CREATING A SOCIAL
ENTERPRISE FOR THE ENTREPRENEUR?
1. The ease of raising capital - Many • Through the internet and social media,
governments, special interest groups, crowdfunding has also gained ground,
and the advent of technology and social enabling social entrepreneurs to
media have made it easier for social explain their product or service to a
entrepreneurs to raise capital. An wider audience in the hopes of earning
example of a company that supports their support.
aspiring social entrepreneurs to rise is
the Philippine Islands Foundation (or BPI • The Spark Project
Foundation), which recently held the (http://www.thesparkproject.com/) is
BPI Sinag Challenge one such site wherein you can post
(http://sinag.bpifoundation.org/). The your proposal and engage ditterent
company gave grants, mentoring, and people to donate to your cause in
further access to financing to the exchange for specific "rewards." BPI
chosen social entrepreneurs. Sinag 2019 sinag.bpifoundation.org
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WHAT ARE THE ADVANTAGES OF CREATING A SOCIAL
ENTERPRISE FOR THE ENTREPRENEUR?
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WHAT ARE THE ADVANTAGES OF CREATING A SOCIAL
ENTERPRISE FOR THE ENTREPRENEUR?
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EXAMPLE
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WHAT ARE THE ADVANTAGES OF CREATING
A SOCIAL ENTERPRISE FOR SOCIETY?
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THANK YOU !