Social business ventures

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Social business ventures 

“The entrepreneur sets up a for-profit entity or business to provide a social or ecological product or service. While profits are ideally generated, the main aim is not to maximize financial returns for shareholders but to grow the social venture and reach more people in need. Wealth accumulation is not a priority and profits are reinvested in the enterprise to fund expansion. The entrepreneur of a social business venture seeks investors who are interested in combining financial and social returns on their investments”.

ref. http://www.schwabfound.org/content/what-social-entrepreneur

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  1. Pingback: About organizational models | Neo Gallerian

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