Social Enterprise

/Tag: Social Enterprise

Community enterprise and the natural world

2018 was a particularly grim year for environmentalists. The IPCC special report spelled out that we had just twelve years to avert climate collapse; extreme weather events continued to become more frequent and intense; natural assets and biodiversity continued their decline. At the same time, long-term economic restructuring and austerity underpinned an increase in personal precariousness and

Three Questions Compassionate Leaders Need To Ask

Compassionate leaders are courageous souls who often go against convention to inspire us all to be better and do better. As the founder of Investors Circle (now Social Venture Circle) and Slow Money, Woody Tasch has inspired qualified investors around the world to shift over $200M of capital toward companies with sustainability missions. Tasch’s newest project provides 0% loans

Social Enterprise is Growing

Among the most influential economists of the post-war era, Milton Friedman is famed for his aggressive stance on capitalism. Business is only responsible to shareholders, he said. Increase profit at all costs. Social issues are no concern of yours. Little more than a decade after Friedman’s passing, social enterprise, a hybrid sector, is merging for-profit

The Outlook for Social Enterprises in 2019 and Beyond

Social enterprises are a growing force in the global economy and a fierce catalyst for social change. One third of startups globally have social good as their core mission. In the United Kingdom, the startup rate for social enterprises is three times that of mainstream small and medium-sized enterprises (SMEs). Social businesses focus on providing market-driven solutions that

How To Spark Entrepreneurship: Lessons From Innovation Hubs

"Entrepreneur" is generally understood to mean someone who organizes, manages, and assumes the risks of an idea or enterprise. Because of the risk associated with entrepreneurship, it is easy to assume success requires a specific type of person. But is it possible to create an environment that helps a range of people bring ideas to

The future of business? Purpose, not just profit

We live in turbulent times. Poverty, inequality, youth unemployment and climate change are among the challenges we are facing. In business, CEOs have gone from being symbols of aspiration to objects of intense scrutiny. Even the younger, ‘cooler’ entrepreneurs, the kick-starters of the shared economy, are now being asked questions about the impact their companies

Companies can help build a more inclusive world. Here’s how

We live in a world of smart, connected ovens, but one in which 795 million people do not have enough food to eat. We are witnessing exponential growth, but also great inequality. Addressing this kind of polarization is no longer solely the role of governments and the non-profit sector. Large corporations have the opportunity, while still in

Putting the enterprise into social enterprises

SOCIAL enterprises are a brilliant idea. Instead of a charity or a non-governmental organisation (NGO) that has to depend on charity or grants from governments or international agencies, a social enterprise does social good via a business entity. Investopedia states that, “social enterprises seek to maximise profits while maximising benefits to society and the environment.

Social enterprise is the solution we need right now

For all the negative and pessimistic news out there, there is a lot of good being done in the world which can serve as a source of hope. One sector which is on the rise and working to create solutions to many of our world’s greatest challenges is that of social enterprises. Social enterprises are

Five Lessons For Making Change From 18 Impact-Driven Farmers

I had the pleasure of starting and ending one of the last weeks of 2018 at Stone Barns Center for Food and Agriculture, a working farm that views itself as a “laboratory dedicated to sustainable farming practices,” and also home to the world-renowned restaurant, Blue Hill at Stone Barns. I was there to observe portions of

How Nonprofits Solve Social Enterprise’s Three Big Problems: Money, Trust, and Information

Social enterprise business ventures are all the rage. Entrepreneurs and consumers (not to mention scholars, policymakers, donors, and other stakeholders) see in them a solution to vexing social problems—a promise of salvation from the organizational baggage that weighs down more traditional approaches to tackling the ills that plague society. Disciplined by market forces, social enterprises

Six Ways to Support Small and Growing Businesses in Emerging Markets

There is strong evidence that small and growing businesses are important engines of prosperity, accounting for a disproportionate amount of employment growth. Programs designed to help start and scale these businesses—which we define as commercially viable, with 5 to 250 employees, and potential and ambition for growth—have become popular among donors. Many major institutions, including

The Year In Impact Enterprise and Investing

As the year draws to a close, let’s pause to consider what took place in the world of social enterprise and impact investing. Here are five noteworthy happenings. Impact investing activity keeps growing, with healthy returns.  According to the Global Impact Investing Network’s (GIIN) most recent Annual Investor Survey, the size of the global impact investing market

How This Woman-Owned Sewing Studio In Texas Combats The Refugee Crisis

According to the United Nations High Commission for Refugees, there are more than 65 million displaced people in the world, and 22 million are refugees. In the United States, the number of annual, resettled refugees is less than 25,000 (as of 2017). To give that some context, a "refugee" is someone who has been applied for resettlement

The Importance Of Connectivity In The New Social Enterprise

I have previously written about an ongoing shift driving organizations to move from business enterprises to social enterprises. One of the key factors driving this shift is the newfound power of the individual — the unprecedented ability to personalize their work experience and influence what others think and feel about their organization. Connecting workers to one another

Should you “internationalise” your social enterprise?

In 2015 Samuel Kalika was looking to set up a creative project in Portugal. But his idea “completely tilted”, he says, when he arrived and saw the extent of poor-quality housing in the country, contributing to high mortality rates in winter. Today, he’s the founder and director of Critical Concrete, a company that researches and educates on sustainable

Sweden and social enterprise: Making the new national strategy count

The past year has seen growing interest in sustainable business in Sweden. This was particularly noticeable at July’s Almedalen conference – the annual Swedish get-together of everything politics, business and civil society. Originally a ‘politics week’ when it started 50 years ago, Almedalen has become more of a business forum with over 4,000 seminars and panel discussions

This Entrepreneur Got A Funder To Say: “Here’s $1 Million. Do Whatever You Want”

Over the years, I’ve interviewed countless entrepreneurs -- and one thing I always hear is how difficult it is to raise money. Particularly if you're a woman, the stats are dismal. I recently helped produce this inspiring podcast on Rana Dajani, who has transformed a small nonprofit into a sprawling social enterprise that has helped foster a

Where Is The Ethical Tech?

Where indeed? With the increasing frequency and strength of tech companies coming a cropper, from Facebook being heralded as a threat to democracy on account of its unregulated media power or Uber being fined into the millions in both the U.K. and U.S. on account of data breaches the organisation grossly mishandled, what’s evident is that closer examination of

How This Millennial Created A Stylish Solution To Address Poverty

When Caleigh Hernandez picked up a pair of beaded sandals in a Ugandan market, she was in awe of the delicate bead work and craftsmanship. The California college student was living with a family in Uganda, while working at a community-based organization. The vibrant sandals were such a contrast to everything else in the craft