2. Not a new concept
A response to failures of governments
and corporations to tackle social
Accelerated pace: globalization and
Pragmatic and real-time solutions
3. Social Entrepreneurship
› A new form of entrepreneurship applies to social
problem solving tradition, private-sector
entrepreneurship’s focus on innovation, risk-taking,
and large scale transformation.
Social Entrepreneurship Process
› Recognition of a perceived social opportunity
› Translation of the social opportunity into an
› Identification and acquisition of resources
required to execute the enterprise’s goals.
4. Social Entrepreneur
› A person or small group of individuals who
founds and/or leads an organization or
initiative engaged in social entrepreneurship.
› Also referred to as “public entrepreneurs,”
“civic entrepreneurs,” or “social innovators.
6. Characteristics of Social Entrepreneurs
as Change Agents
› Adoption of a mission to create and sustain
social value (beyond personal value)
› Recognition and relentless pursuit of
opportunities for social value
› Engagement in continuous innovation and
› Action beyond the limited resources at hand
› Heightened sense of accountability
8. Social Obligation
› Firms that simply react to social issues through
obedience to the laws.
› Firm that respond more actively to social issues;
accepting responsibility for various programs.
› Firms that are highly proactive and are even
willing to be evaluated by the public for various
9. An organization that applies business
(commercial) strategies to promote
development and maximize
improvements in human and
environmental well-being, rather than
maximizing profits for company
12. Operate as commercially run businesses.
Create social value and/or mitigate social
Aim to make profits.
Generate income through sales of goods or
Use good business practices and principles.
Use the majority of their profits to further
social or environmental goals.
15. THE PIONEERS
Microfinance, rural education, social development
BRAC, an international development organization based
in Bangladesh, is the largest non-governmental development
organization in the world, measured by the number of
employees and the number of people it has helped, as of
16. Both the Grameen Bank and BRAC
demonstrated that is was possible to
mitigate poverty on a massive scale.
Growing solutions in a bottom-up
Social innovation and trial and error.
17. Revolutionizing approaches to business
Creative organizational structures
Integrated use of technology
Sparking off innovation and change
18. Investment in social enterprise is rising
around the world
Biggest economic opportunities are
around solving societal needs
Big benefits for countries that pursue it
19. Social entrepreneurship is not for
Driving force: PASSION for a cause
Articulating the problem and the solution
Use available resources
Financially sustainable business model