Definition:
In contrast with a regular business, a social enterprise is also a profit-driven company, but one which generates positive social externalities, other than those typically accepted of any business, such as employment creation.
Popular Business Sectors
- Ethical consumerism
- Health and wellness
- Education and training
- Alternative energy and entertainment
Interesting Examples:
Justgiving
PicassoMio
ResponsibleTravel
Ethical Superstore
Abel & Cole
KleenAir Systems
Green Tomato Cars
theNag.net
Things to Consider:
Do you start with a social problem and create a business solution or do you start from a corporate perspective and create positive social implications.
Social Return on Investment:
One of the most critical elements of social enterprise that most experts are still struggling with; It attempts to quantify the positive externalities of the investment.
Sources for Funds
For Profit-type:
Breakthrough
Triodos
Bis Issue Investment
Bridges
Catalyst
Non-for-Profit type:
Cdfa
Adevnture Capital Fund
Charity Bank
CAF
Ark
Tuesday, March 18, 2008
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