Generations Converge at the Intersection of Money and Meaning
The movement to provide capital to social enterprises is gaining momentum.
The movement to provide capital to social enterprises is gaining momentum.
VisionSpring picks promising social entrepreneurs to restore the eyesight of poor people.
The author takes a crystal ball to the 2009 economic landscape.
Serving more than 110 million people per year, BRAC is the largest nonprofit in the world. Yet it doesn't receive the most charitable donations. Instead, BRAC's social enterprises generate 80 percent of the organization's annual budget. These revenues have allowed the organization to develop, test, and replicate some of the world's most innovative antipoverty programs.
Successful entrepreneurs show characteristics of both men and women.
Social entrepreneurship is attracting growing amounts of talent, money, and attention, but along with its increasing popularity has come less certainty about what exactly a social entrepreneur is and does.
By working closely with the clients and consumers, design thinking allows high-impact solutions to social problems to bubble up from below rather than being imposed from the top.
Fair Trade-certified coffee is growing in sales, but strict certification requirements are resulting in uneven economic advantages for coffee growers and lower quality coffee for consumers.
Social entrepreneurship and social enterprise have become popular and positive rallying points for those trying to improve the world, but social innovation is a better vehicle for understanding and creating social change in all of its manifestations.
Understanding these six important differences will both facilitate better conversations and help channel funds appropriately.