Posts Tagged ‘social entrepreneurship’

Social Entrepreneurship is front and center at Rio+20

Skoll Foundation tells us why they are there:

“Because a critical mass of people can surprise you: over 70,000 decision-makers and social change actors are in town. There really has never been more peer pressure for social change, showing the world scalable solutions to the world’s most pressing problems. And right here, on the peninsula outcropping between Copacabana and Ipanema beaches, Skoll and our close partners AVINA, Ashoka and the Fundaçao Roberto Marinho, are hosting the 3 day Forum on Social Entrepreneurship and the New Economy. It’s one of the most public events at Rio+20, celebrated on national TV in Brazil and included in Rio+20 agendas. Social entrepreneurship is front and center…”

Skoll Foundation at Rio+20: Why We’re There « Skoll Foundation.

#socent #rioplus20 #empreendeRio20

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What Exactly Is Social Entrepreneurship?

via NextBillion.net

From Forbes: What Exactly Is Social Entrepreneurship?

My comments: The for-profit and non-profit worlds are merging. For-profits see the monetary advantage of green practices and investing for social benefit. The fair trade market is a good example. Fair sells.

On the flip side, non-profits understand that they must not only be mission-driven, but also be able to demonstrate measurable returns– social returns– on their investments. The key words are impact, scalability, and sustainability.

So when it comes to the social entrepreneur, he’s, well, an entrepreneur like any other– mostly. The gist of it, according to the author of this Forbes piece, is that the social entrepreneur strives to operate by business standards while bringing the dual returns of profit and social outcomes.

Should social entrepreneurs focus on monetary profit as well as doing good? Can they do both well at the same time? What do you think?