Tuesday, November 28, 2006

Definitions - Social Entrepreneur / Enterprise / Venture Philanthropy

Social enterprise makes a difference by matching supply with need.
by Dr Meena Galliara - Narsee Monjee Institute of Management & Higher Studies (NMIMS)

Social enterprise is profitable business run by community, for the community and profit & loss must be shared to community.
by Prema Gopalan - Swayam Shikshan Prayog (SSP)

Social enterprise is a for-profit entity setup with a mission to solve a social problem with a clear business and revenue model around the solution. A person who starts a social enterprise is a Social Entrepreneur.
by Surya Prakash Loonker - CATALYST - Social Development Consultants P Ltd (CSDC)

Venture Philanthropy is venture capital investments in social enterprises.
by Surya Prakash Loonker - CATALYST - Social Development Consultants P Ltd (CSDC)

Venture Philanthropy is an adventurous approach to funding unpopular social causes.
by John D Rockefeller III in 1969 in a hearing before the US congressional committee leading to the Tax Reform Act

Social Enterprise
GoodTree is not a charity. GoodTree is a Social Enterprise that seeks to do well in business AND do good for the world. Using the words of author J. Gregory Dees, we aspire to combine "the passion of a social mission with business-like discipline, innovation, and determination." We maintain the balance between social mission and business goals by creating self-sustaining companies made up of people who truly care, and by developing businesses that tap into a spirit of virtuous circles where everyone wins.
by James Currier, Founder/Advisor, GoodTree

2 comments:

Shilpi said...

I agree wat ever have u all said but do u really think that we are working on it or we are genuinly spreading the knowledge regarding social enterprise.?

Develop India said...

This blog is one such attempt. Now there are several conferences that happen in India every year on social enterprises. You can become a social entrepreneur and do this. I wrote case studies for Asian Institute of Management which is a book now on social enterprises in India. It is already happening. Why wait on the sidelines, join the current of the river and do something for India.