Social enterprise is a vast and rapidly growing global phenomenon. Fundamentally, it’s about linking financial and moral incentives in business and the marketplace. Social enterprise has synergies with existing poverty alleviation approaches—value chain development, market development, and microfinance—and can augment and add value to current initiatives as well as provide new tools.
A social enterprise is a nonprofit organization or socially oriented venture that advances its social mission through entrepreneurial market-based approaches to increase its effectiveness and financial sustainability with the ultimate goal of creating social impact or change.
