What is a social entrepreneurship? 18 examples to inspire you
Posted: Mon Jan 06, 2025 4:49 am
Social entrepreneurship is a business model that not only seeks to generate economic profits, but also to create a positive impact on society. Social entrepreneurs combine their passion for solving problems with innovation, developing solutions that benefit their communities.
Social entrepreneurship can address a variety of issues, including poverty, inequality, limited access to education, health services, and environmental pollution, among others.
In this article, we'll explore key phone library aspects of social entrepreneurship that you might identify with, and give you practical tips to boost your skills based on what you want to build.
What is social entrepreneurship?
A social enterprise or business is defined as an organization with specific social objectives aligned with its main purpose.
This type of entrepreneurship seeks to maximize economic gains while generating benefits for society. In many cases, the profits obtained are reinvested to finance other social programs.
In Latin America, accelerators such as Socialab , Corporación Ventures, New Ventures and Agora Partnerships promote social entrepreneurship and support entrepreneurs in creating innovative solutions that address social and environmental problems.
These organizations offer mentoring, funding and resources to foster the development of initiatives that generate a positive impact in communities.
Social Entrepreneurship in Latin America
It is important to consider that the amount of research on social entrepreneurship in Latin America is limited.
In Colombia, this type of entrepreneurship is especially valued. In fact, the country has the Social Entrepreneurship Law, Law 2234 of 2022 , which promotes a social entrepreneurship policy .
According to RECON , Mexico has a robust ecosystem for impact investing. The government has established and promoted entities and policies to support social entrepreneurship and innovation, such as the Secretariat of Social Development through the National Institute of Social Development.
For its part, although Chile does not have a specific legal figure that supports social entrepreneurship, it stands out as a benchmark in Latin America due to the active participation of the State in the ecosystem and its public policies aimed at social innovation.
Types of social entrepreneurship
Social entrepreneurship can be a powerful tool for making a positive impact on the world by contributing to the well-being of society and enriching the lives of communities. Below, we will explore different types of social entrepreneurship that seek to meet these goals.
Non-profit
These ventures prioritize their social and environmental impact over economic profits, dedicating themselves to improving the quality of life in their communities.
Social entrepreneurship can address a variety of issues, including poverty, inequality, limited access to education, health services, and environmental pollution, among others.
In this article, we'll explore key phone library aspects of social entrepreneurship that you might identify with, and give you practical tips to boost your skills based on what you want to build.
What is social entrepreneurship?
A social enterprise or business is defined as an organization with specific social objectives aligned with its main purpose.
This type of entrepreneurship seeks to maximize economic gains while generating benefits for society. In many cases, the profits obtained are reinvested to finance other social programs.
In Latin America, accelerators such as Socialab , Corporación Ventures, New Ventures and Agora Partnerships promote social entrepreneurship and support entrepreneurs in creating innovative solutions that address social and environmental problems.
These organizations offer mentoring, funding and resources to foster the development of initiatives that generate a positive impact in communities.
Social Entrepreneurship in Latin America
It is important to consider that the amount of research on social entrepreneurship in Latin America is limited.
In Colombia, this type of entrepreneurship is especially valued. In fact, the country has the Social Entrepreneurship Law, Law 2234 of 2022 , which promotes a social entrepreneurship policy .
According to RECON , Mexico has a robust ecosystem for impact investing. The government has established and promoted entities and policies to support social entrepreneurship and innovation, such as the Secretariat of Social Development through the National Institute of Social Development.
For its part, although Chile does not have a specific legal figure that supports social entrepreneurship, it stands out as a benchmark in Latin America due to the active participation of the State in the ecosystem and its public policies aimed at social innovation.
Types of social entrepreneurship
Social entrepreneurship can be a powerful tool for making a positive impact on the world by contributing to the well-being of society and enriching the lives of communities. Below, we will explore different types of social entrepreneurship that seek to meet these goals.
Non-profit
These ventures prioritize their social and environmental impact over economic profits, dedicating themselves to improving the quality of life in their communities.