Business – Social Enterprise

//Business - Social Enterprise

This UK fintech startup wants to end payday poverty cycle forever

At present, many fintech startups are working on reforming the payday lending industry. For low wage earners, budgeting can be complex when income and bills are farther apart. There are few in the industry, who prey on the desperation of people by lending short-term loans with extremely high interest, forcing the customer into a deep pit of

Social Enterprise & Impact Investing

The combined resources of government and philanthropy alone are insufficient to solve the many development challenges of the twenty first century. Over the past decade, there has been growing recognition within the private sector of the need to take a greater and more active role in promoting sustainable development globally, through generating employment for youth,

Useful resources for Social Entrepreneurs

Following the recent announcement of the UK Social Entrepreneur Index, we’ve put together a list of the great resources and sources of information recommended by the successful social entrepreneurs included in the Index.  These books, articles, videos and websites provided invaluable knowledge and encouragement to the social entrepreneurs we spoke to, helping them to succeed.

How this social enterprise is making way for a pollution-free India

India’s poor air quality can affect the future of millions of people. According to a report by the Indian Council of Medical Research (ICMR), one in eight deaths in the country was caused due to air pollution in 2017. In the very same year, our average life expectancy dropped by 1.7 years. One of the main reasons behind this are vehicles burning fossil fuels and industries

The big idea of Fair Trade is to challenge the purpose of business

An economy that works for people and planet needs a new kind of business model. This cannot be today's dominant mode of profit maximisation, where too often the environment is left unprotected. Nor can it be a model that is fixated only on delivering financial returns to the few. The new economy will not be

The Most Effective Social Enterprises Understand the Power of the Individual

It’s impossible to be a social enterprise—a company that serves both a social and a business purpose—without respecting the newfound power of the individual. Individuals are one of the three key macro forces driving the rise of the social enterprise, alongside expectations that businesses will step in to lead on society’s biggest issues and the

With big business touting ethics, how do small social brands survive?

Whether it is U.S. denim brand Levi’s campaigning against gun violence or British supermarket Iceland drawing attention to the environmental impact of palm oil production, big businesses want to show they care about people and the planet, not just profits. But this growing trend has made it harder for social enterprises – which are organizations

The Power Of Purpose: What Every 2020 Candidate Should Know About Nonprofits And Social Enterprises

One of the most experienced leaders in the non-profit and social enterprise world, Robert Egger is an outspoken voice in leading the transformation of these fields. In this interview, he advances some provocative thoughts on how the non-profit and social enterprise worlds should marshal their resources and treat their unique scale and influence like for-profit businesses do–and

Value, growth, impact: how the lean startup approach can transform social enterprise

The lean startup framework has been used to transform the field of entrepreneurship, and is now being adopted by large enterprises as well. A number of social innovators and funds are also advocating and implementing the lean startup model for the social enterprise sector. Ann Mei Chang provides a comprehensive framework and extensive case studies

A Revolution in Access to Medicine is Underway in Five African Countries

Among the many barriers to quality healthcare in the developing world is the high cost of medicine. This is due, in part, to frequent disruptions in the supply chain. Customers who visit a pharmacy to purchase medicine can’t be guaranteed that the medicine will be something they can afford– or even if the medicine will

Reimagining the Economy: The Social Justice Enterprise

The belief that you can “do good while doing well” has entered the mainstream. Evidence of the trend ranges from the popularity of certifications like B Corp and the institutionalization of social enterprise as an academic field to the popular appetite for critiques of the concept—like that of Anand Giridharadas, in his best-selling book Winners Take

Cool but confused: Social entrepreneurs find it harder to explain their work

As businesses with a mission to do good become increasingly trendy, social entrepreneurs said they were finding it harder than ever to tackle one of their major problems - explaining what they do. For years social entrepreneurs trying to solve a wide range of issues from affordable healthcare to homelessness have faced the same question:

Social Entrepreneurs are Changing the Business Model

The most common form of not-for-profit is the social enterprise. The model has been around for decades and has been a common reference for charities, but it’s a misnomer. A social enterprise has never been part of the charity system. It’s a real business with its primary goal of using surpluses of the operation to

From purpose to personal, social entrepreneurs struggle to strike a balance

From tackling pollution to improving access to healthcare, social entrepreneurs try to use businesses to help solve some of the world’s greatest problems but many agree the magnitude of doing so with limited means can take a personal toll. At the Skoll World Forum, Britain’s leading conference on social entrepreneurship, about 1,200 leaders from social

How To Build A Socially Conscious Business

Welcome to the world of the purpose economy, where employees and consumers alike search for relationships that are meaningful beyond a paycheck or a purchase. In today’s world, companies of all sizes are being asked to proactively “do good.” They aren’t being forced to this end by the government or lawyers. No, companies are being

How a Social Entrepreneur is Fighting Counterfeit Medicines in the Developing World

Not long ago, the social entrepreneur Bright Simons tried and failed to create a platform to pair organic farmers in Ghana with consumers of organic products. But in that failure he made an important discovery that is now revolutionizing the fight against fake and counterfeit goods in the developing world — including potentially deadly counterfeit

How Social Innovation Can Fight Terrorism

An Islamic militant walks into a bar and hires a stripper. One week later, he blows himself up. Does his act count as terrorism? According to a West Point Combating Terrorism Center study, over 85 percent of the “Islamic” militants in their dataset had no formal religious education. And according to a United Nations Counter-Terrorism

This Entrepreneur Raised $100 Million To Provide Access To Power To 2.3 Billion People

Even though solar still has some mountains to climb in winning saturation, it is clear that it is one of the fastest growing sectors today and one of the most impactful. Solar energy could be considered a luxury in the United States, aside from communities where it has been mandated for new buildings. In emerging

This Baltimore social enterprise is building tech to reduce homelessness

Ava Pipitone, founder of HostHome, has a long way to go before her vision becomes a reality. Like many early-stage ventures, further growth will take a little luck and a lot of hard work. But the progress so far indicates she just might be building an excellent example of the true power of social enterprise. Working