What is Social Entrepreneurship?

Social entrepreneurship is a transformative approach to business that seeks to address social and environmental challenges while generating sustainable economic outcomes. Unlike standard fundraisers, social businesses aim to be self-sustainable; excess revenue generated can be used to finance the business further and expand its reach.

At its core, social entrepreneurship is driven by a mission to improve the well-being of communities. Social entrepreneurs are driven by a deep sense of purpose, using their entrepreneurial skills to identify creative solutions to complex social problems. They aim to create scalable, sustainable ventures that combine financial viability with measurable positive outcomes.

Social entrepreneurship operates at the intersection of business and social impact, creating a self-sustaining entity that addresses the problems of a community while at the same time engaging stakeholders and bringing people together.