2. What is Social Entrepreneurship ?
• Social entrepreneurship is all about recognizing the social
problems and achieving a social change by employing
entrepreneurial principles, processes and operations.
• The change may or may not include a thorough
elimination of a social problem.
• It may be a lifetime process focusing on the improvement
of the existing circumstances.
3. Who is a Social Entrepreneur ?
• A social entrepreneur is somebody who takes up a
pressing social problem and meets it with an innovative
or path breaking solution.
• By definition social entrepreneurs are great people
recruiters who present their ideas or solutions in a way
that many people, who are either part of the problem or
surrounding it, recognize a need for change
4. Social Entrepreneurs in India
Vinoba Bhave Founder and Leader of “Land Gift
Ela Bhatt Founder of “Self-Employed Women’s
Association” (SEWA) and the SEWA Cooperative Bank
Sunil Bharti Mittal, founder of Airtel
Dr. Verghese Kurien Founder of the AMUL Dairy
5. Functionof Social Entrepreneurship
To create and maintain a stable level of
Create jobs and provide support to socially
Social Entrepreneurship promotes development of
Compensating countries narrow place.
Social Entrepreneurs create social innovation and
change in various areas, including education,
health, environment and business development.
Social Entrepreneurship reduces poverty risk.
6. Address the root of the issues
Transform the sectors
Make lasting changes on society
Solve problems that governments have not been able
to address sufficiently.
Example for this model is GRAMEEN BANK
• It Provides credit and financial service.
• It was first started to provide funds for the rural poor
• Creating self employment opportunities to quickly
increase their income and empower the poor.
7. • Since social enterprises do not work typically the way
corporate setups or private firms work, they offer
flexible working environment which is as per the liking
of many people groups.
• Creates value for the society and some times generate
income (if not wealth).
• As a thumb rule, the solutions they offer are supposed
to be innovative, unique, people and environment
Advantages of Social Enterprises
8. • The risk of losing nonprofit status.
• Lack of support or funds.
• Possibility of poor reputation due to disaster
• commercial assumption
Disadvantages of Social Enterprises
• Social entrepreneurship is an innovation and pragmatic
vision to tackle the challenges of poverty,
marginalization and other pressing social crises
• “The most significant contributor of this ‘success’ is the
character of being a responsible corporate citizen
• This can only be achievable through a sincere and a
committed effort for contributing towards the well-being
of the community not by charity alone.
It gives confidence that such innovative, scalable and
sustainable social ventures are key levers and
accelerators for transformational social change.