Understanding the Role Social Entrepreneurship Plays in Building a Strong Economy

credit: USACE on Flickr

Agnelorajesh Athaide, a serial and social entrepreneur, cofounder and chief mentor of The Business opportunities club (BOC), tackles new-age entrepreneurs who are seeking to bring about change through innovation, to benefit not only businesses but also the underprivileged sectors of society.

According to his article, these new age entrepreneurs has given rise to "social entrepreneurship" in India. It's "a concept that is not only making wide-scale impact but also forging successful international partnerships through sustainable business models."

He states that a social enterprise may have non-profit or for-profit legal structures, but it must have the following two concepts at its foundation: a) a focused social impact mission, and b) a sustainable model.

Athaide also lists some factors one needs to keep in mind when becoming a social entrepreneur:

1. Identify the cause
   
2. Build a sustainable plan
   
3. Build a talented team
   
4. Secure support and collaboration
   

A customized collection of grant news from foundations and the federal government from around the Web.

Every Adult Can Build Youth Resilience and Help Students Thrive
Foundation: Greater Tacoma Community Foundation

The Greater Tacoma Community Foundation, the Tacoma Whole Child Partnership, and Tacoma Public Schools address how school employees who work in a capacity often referred to as support staff can also...more

Community-Based Learning Gets Official Designation

The University of Wisconsin-Whitewater campus will have a new letter designation coming in the fall about what courses are community-based and what they entail. According to Kate Ksobiech, an...more

Up-Skilling Young People with Skills in Auto Mechanics

Technical and Vocational Training (TVET) is one of Kenya's initiatives that provides alternative opportunities for skills and knowledge transfer where youth can become more competitive in the...more

Home-Delivered Food Boxes Reduced Food Insecurity Among Adults, but Not Children

On an episode of On the Evidence, J.B. Wogan, Senior Manager of Strategic Communications, talk about a demonstration using home-delivered boxes packed with fruit, vegetables, and other shelf-stable...more

Valdry Center Offers Social Entrepreneurship Fellowships to Students

Valdry Center offers social entrepreneurship fellowships to a cohort of four social entrepreneurs. Over a 24-month period, fellows will live on campus, attend Valdry Center seminars, take courses,...more

Preschool Offers Growth Through Play-Based Learning

Maren Petersen-DeGroff, Children's Program coordinator at Parenting Now!, writes how a few hours a week in an intentionally prepared environment with age-based peers can help build the skills that...more

How to Finance Social Innovation? 5 Insights from Impact! Africa

Ashoka and the British Council hosted the Impact! Africa Summit, which convened at the Kenya School of Monetary Studies around the topic "Collaborative Finance for Social Innovation." The two-day...more

New Tools for Improving Attendance in Pre-Kindergarten and Kindergarten

The U.S. Department of Education's Regional Educational Laboratory (REL) Mid-Atlantic has partnered with the New Jersey Department of Education (NJDOE) to provide support of their initiative called...more

Social Enterprises Tackling Youth Unemployment

UK's first social enterprise hotel is being planned and designed, which is loosely based on the Art & Woonhotel in Rotterdam. The planned hotel is where vulnerable youth would be offered training in...more

Civic Engagement Goes Vral when Young Voices Turn to Social Media

In a guest post by Joseph South, Chief Learning Officer for the International Society for Technology in Education (ISTE), tackles how digital tools have spawned a new kind of citizenship among youth....more