It has been said that the most successful businesses in the world all have one thing in common – the desire to make a positive change in the world. Social enterprises give for-profits and nonprofits the aid needed to accomplish that success.
Social enterprises are for-profits and nonprofits working towards social change through the use of competitive business strategies. The key term to remember when you hear the phrase 'social enterprise' is
With nonprofits losing funding from their usual sources, those in the industry must figure out a way to ensure their mission is continued. This is where social enterprises come into play. With added revenue from social enterprises, organizations are able to generate more innovate approaches to servicing the community in a sustainable way.
The idea behind social enterprise is rapidly growing among many industries: A dozen international conferences each year tout the benefits of social enterprise; for-profit and nonprofit social enterprises are proliferating; academic institutions are offering courses and degree programs; social investors are knocking at the door; the subject appears everywhere in the news media; and a rising generation of young people are working to energize the field.1
AspenPointe Enterprises is a leader in Social Enterprise.
1.The Institute for Social Entrepreneurs
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