Social Entrepreneurship
1.5 million U.S. social ventures have total revenues of $700 billion
The economy of social issues
Ever evolving and regularly re-defined, social entrepreneurship is the use of business strategies to solve social problems by creating systematic global changes and sustainable improvements. Whether a non-profit, for-profit, or hybrid form, these organizations measure their success not only by profit margins, but also in terms of the positive impact their efforts have on society.
In order to further their goals, social enterprises blend a revenue-generating ‘for-profit’ business model with a ‘more-than-profit’ social value-generating structure. Although not a new concept, as more and more social challenges are remedied and resolved, social entrepreneurship has gained global recognition and increased popularity.
