Looking at the hybrid spectrum, a social enterprise is any business venture created for a social purpose – mitigating/reducing a social problem or a market failure – and to generate social value while operating with the financial discipline, innovation and determination of a private sector business.
Mission and market driven
Social value creation
Social and Economic value creation
Economic value creation
Destination of profit
Directed toward mission activities of non-profit organizations (required by law or organizational policy)
Reinvested in mission activities and/or retained for business growth and development, limited distribution to shareholders
Distributed to shareholders
We found some video’s that might interest you:
How to start a social enterprise. Six steps. Greg Overholt is confident that Social Enterprises can tackle many of the challenges of today’s world by leveraging commercial principles to maximize social impacts. In his talk, he presents 6 tangible steps on how to start and grow your social enterprise by sharing his story of starting his organisation.