SOCIAL ENTREPRENEURSHIP

Why Social Entreprenuership?

Social Enterprises are changing the way
business is done in order to take on social
problems, improve communities, and
protect the environment.
Social Entrepreneurs want to go deeper
into issues that speak to them.
 Why Social Entrepreneurship?
Social Enterprises are businesses that aims
to solve social challenges
 Social Enterprise vs. Ethical Enterprise
SOCIAL ENTERPRISE – centers around social mission to
use commerce as a tool to maximize sustainability and
impact
ETHICAL ENTERPRISE – creating profit for shareholder
take an ethics based approach to societal issues
 Nonprofit/
Business Social Enterprise Charity
From own
May come from savings
savings, bank but may also be sourced From
Capitalization loans and donations or
from grants, crowdfunding
other financial and donation sponsors
institutions
Finacial Social or
Measure of stability and Profitability but also social environmental
success and environmental impact
profitability impact
To be financially
To generate sustainable nut also has
Purpose profit positive impact towards Benefit society
the chosen cause

To entrepreneur:
 Ease of raising capital
 Ease of marketing and
promotion
 Ease of attracting talent
and like-minded
individuals
ADVANTAGES
To Society:
 Products/services offered
consider the needs of the
society
 Solutions offered are
more accessible
 Social enterprises prefer
to work directly with
individuals
 TYPES OF SOCIAL ENTREPRENEURSHIP
Based on Service:
 Community Enterprises  Development Trust
 Social Firms  Public Sector Spin-outs
 Cooperatives  Trading Arms of Charities
 Credit Unions  Fair trade organizations
 Community Development
Finance Institutions
 TYPES OF SOCIAL ENTREPRENEURSHIP
Based on Profit Model:
 Subsidized Social Enterprise
 Self-Sustaining Social Enterprise
 Profitable Social Enterprise
 SOCIAL ENTERPRISE
What makes a business a Social Enterprise?
Have a solid grasp of the
social/environmental/cultural problem that it wishes
to address
Generate the majority of its income through trade
Reinvest the majority of the profits to further its
stated mission and purpose.