Social enterprise is a mission-based business and includes any organization or venture that advances its social mission through entrepreneurial earned income strategies. Earned income can come from revenues generated from the sale of mission-related products, services or a strategic alliance between a for-profit company and a not-for-profit. Social enterprises are developing new and powerful solutions to society's most challenging social issues. They represent a powerful new breed of organizations that create sustainable societal change by combining the passion of social mission, the efficiency of a market-based approach and a commitment to environmental protection.
To understand a little bit more about social enterprise, check out the video below. You'll see representatives from several not-for-profit organizations pitch their social enterprise plans to a panel of our judges at a recent Social Enterprise Showcase.
