What is social enterprise?

Social enterprise is the fusion of a business opportunity and a social need.

In a traditional business, the profits are distributed to owners. In a social enterprise, the assets are held in trust to benefit the community and the profits are used to create further social good.

Why create a social enterprise?

To diversify revenue

A new funding stream is created and the organization has the flexibility in how to deploy the proceeds.

To use market forces to advance a social mission

The organization is connected with a new group of customers, broadening the reach of the overall mission.