LESSON 1
OVERVIEW OF
SOCIAL
ENTREPRENEURSHI
P
1.discuss the overview of social entrepreneurship;
2.define social entrepreneurship in the context of
sustainable development;
3.trace the historical background of the
development of social enterprises;
4.discuss the defining characteristics of social
TARGET enterprises;
OUTCOMES 5.enumerate famous social entrepreneurs around
the world and the organizations/ ventures they
At the end of the lesson, the established;
students 6.identify important qualities and characteristics of a
should be able to:
social entrepreneur;
7.identify best practices of pioneer social enterprise
organizations; and
8.explore risks and challenges of starting a social
enterprise.
2
Social Entrepreneurship
Is an approach to business that aims to
solve
social, cultural, or environmental issues
through
innovative solutions, while also
ensuring the
sustainability of the venture.
Social E ntrepreneurs
prioritize ;
social impact over profit.
Social Entrepreneurship
refers to the practice of identifying, starting, and growing
ventures that aim to address social, cultural, or
environmental issues while also achieving financial
sustainability.
TRADITIONAL
ENTREPRENEURSHIP • which primarily focuses on profit maximization
SOCIAL • seeks to create social value and improve the
ENTREPRENEURSHIP well-being of communities.
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Social entrepreneurs serves as catalysts fro
positive change that contributes to the
well-being of communities and the planet.
7
Non-profits
to
hybrids
Profit businesses ventures
with a strong social mission.
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Refers to business
models that create
Social positive social or
Entrepreneurship environmental change
in the Context of while being economically
Sustainable viable.
Development
1. Emphasizes meeting present needs
without compromising future
generations’ abilities to meet theirs.
2. aligning closely with the social
entrepreneur’s goal of long-term and
Sustainable impactful change.
Development
Role of Social Entrepreneurship
is pivotal in driving sustainable development by
creating innovative solutions that address
1. Social
2. Environmental,
3.Economic challenges
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Role of Social Entrepreneurship
1. Addresses complex societal issues such as poverty, inequality, environmental degradation,
and resource depletion.
2. Aligns with sustainable development principles by promoting inclusive economic growth, environmental
conservation, and social empowerment.
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Role of Social Entrepreneurship
3. Supports the United Nations Sustainable Development Goals (SDGs), including poverty eradication, quality
education, gender equality, clean energy, sustainable cities, climate action, and responsible production and
consumption.
4. Fosters collaboration among governments, nonprofits, businesses, academia, and local communities to
leverage resources and expertise for greater impact.
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Role of Social Entrepreneurship
5. Drives the creation of scalable, sustainable ventures that balance financial viability with meaningful social
and environmental outcomes.
6. Promotes ethical business models and environmentally responsible practices, ensuring solutions have
long-term sustainability.
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3. Historical Background of Social
Enterprises
Early roots can be traced back to the 19th century with cooperative movements and
philanthropic industries.
In the 1970s and 1980s, the term “social entrepreneurship” gained traction alongside
societal needs that were inadequately addressed by governments and traditional
charities.
The rise of microfinance, notably by Muhammad Yunus and the Grameen Bank,
exemplified the blending of enterprise and social good, propelling the concept into the
mainstream.
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Key Characteristics of Social Enterprises
Mission-driven:
The core purpose is to address a
social, environmental, or
community need.
Innovation: Measurable Impact:
Success is gauged
To employ creative methods by social outcomes,
to solve persistent societal
challenges. not just profits.
Sustainability: Scalability:
Financial viability is ensured Effective solutions are
through self-sustaining designed to be replicated or
revenue models. scaled. 16
Famous Social Entrepreneurs and Their
Ventures
Microfinance for
Muhammad Yunus Grameen Bank poverty alleviation
• Bangladeshi Economist,
• Entrepreneur,
• Civil society leader and
• Statesman who has been serving as the 5th
Chief adviser of Bangladesh
Modern concept of microcredit and
microfinance
Muhammad Nobel Peace Prize in 2006 as the first
Bangladeshi to win the Nobel Peace Prize and
Yunus he is also the founder of Grameen Bank. 17
Famous Social Entrepreneurs and Their
Ventures
“One for One”
shoe and
eyewear
Blake Mycoskie TOMS Shoes donations
•Founding TOMS: Mycoskie founded TOMS Shoes in
2006 after witnessing the struggles of children in
Argentina who lacked proper footwear.
•One for One® Concept: The company’s unique
business model ensures that for every pair of shoes
Blake sold, a pair is donated to a child in need, creating a
Mycoskie direct link between consumer purchases and social
impact. 18
Famous Social Entrepreneurs and Their
Ventures
Supports social
entrepreneurs
Bill Drayton Ashoka globally
Bill Drayton is a pioneering figure in social
entrepreneurship, best known as the founder and CEO of
Ashoka: Innovators for the Public. - aims to identify
and support social entrepreneurs worldwide, providing
them with the resources needed to implement their ideas.
Bill Drayton
He dedicated his career to supporting individuals who
drive social change through innovative solutions.
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Famous Social Entrepreneurs and Their
Ventures
Teach For Educational
Wendy Kopp America equity
In 2007, Kopp co-founded Teach For All,
which supports a network of independent
organizations in over 60 countries, all
working towards similar educational goals.
The organization seeks to eliminate
educational inequity by placing talented
Wendy Kopp individuals in classrooms where they can
make a significant impact.
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Famous Social Entrepreneurs and Their
Ventures
Rural
empowerment
and solar
Bunker Roy Barefoot College literacy
• The founder of Barefoot College, which
focuses on empowering rural communities
through education and practical skills
training.
Bunker • His work emphasizes grassroots movements
and sustainable development, impacting
Roy millions of marginalized individuals 21
globally.
Famous Social Entrepreneurs and Their
Ventures
Impact investment
Jacqueline in social
Novogratz Acumen enterprises
The founder and CEO of Acumen, a nonprofit organization
that invests in companies and leaders to combat poverty
and promote dignity.
Her work emphasizes the importance of patient capital and
innovative solutions to address social challenges globally.
Acumen focuses on long-term investments in companies
that provide essential services such as healthcare,
education, and clean energy to underserved communities.
Jacqueline
Novogratz 22
• Empathy: Deep care for others’ well-being.
• Resilience: Persistence despite setbacks.
• Innovativeness: Ability to create novel
solutions.
Important
Qualities and • Visionary Leadership: Inspiring others
Characteristics towards a shared mission.
of a Social
Entrepreneur • Ethical Integrity: Strong values and
honesty.
• Resourcefulness: Maximizing impact with
limited resources.
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User-Centric Design: Developing solutions in Best Practices of
partnership with communities served.
Pioneer Social
Impact Measurement: Regular assessment and Enterprises
transparent reporting of outcomes.
Collaborative Networks: Building alliances with
governments, other organizations, and
stakeholders.
Continuous Learning: Adapting based on
feedback and evolving needs.
Sustainable Revenue Models: Leveraging
earned income to reduce reliance on donations. 24
Risks and Challenges of Starting a Social
Enterprise
Funding: Scaling:
Difficulty attracting Challenges in
investment due to
expanding while
hybrid motives
(profit and maintaining
purpose). mission fidelity.
Talent
Recruitment:
Competing with for-profit
sectors for skilled
professionals.
Risks and Challenges of Starting a Social
Enterprise
Regulatory
Hurdles: Measuring
Impact:
Confusing or Quantifying and
inadequate legal communicating
structures for social returns.
hybrids.
Market
Acceptance:
Convincing customers to
support socially responsible
products/services.
Thank QUIZ NEXT MEETING…
you
