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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:
- Identify the cause
- Build a sustainable plan
- Build a talented team
- Secure support and collaboration
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
"We are competing with beaches and palm trees," says Sofia Vollmer Maduro, the director of programs at the Society of the Four Arts in Palm Beach, Fla., after a "Shark Tank-like" event where cultural...more
"This community has done something really amazing with these two buildings, and what we have in front of us is how we make these buildings come to life," Shell Berry, president of the Community...more
"We are thrilled to see the grant amount doubled from what we have received with CalVIP in years past," Kimbley Craig, co-chair of the Community Alliance for Safety and Peace, tells the Salinas...more
In collaboration with the national organization Black Girl Ventures, the NBA Foundation held a pitch competition on June 17, 2022, as a part of the NBA's continuance of social impact programming in...more
Foundation: Berks County Community Foundation
Teens in Berks County, Pa., are helping to make a difference by awarding $15,000 in grants to four organizations dealing with mental health issues, the Reading Eagle reports. The grants were...more
Foundation: Foundation for Appalachian Ohio
When Cara Dingus Brook took over as president and CEO of the Foundation for Appalachian Ohio in 2015, she made a promise: "At FAO, we have long known there is no greater investment we could make than...more
Foundation: San Diego Foundation
"Every child deserves a summer of learning and joy." That's the message from the president of the San Diego Unified Board of Education after the San Diego Foundation awarded $12.3 million in grants...more
Foundation: Oregon Community Foundation
"These attacks are happening on our youth, here in Oregon and in local districts. And we're seeing the fight at the school board level. And now it's made it to the governor's race." So says Margot...more
864Pride is a clinical nonprofit that provides medical and mental health care to the LGBTQ+ community in South Carolina. The Center for Fathers and Families is a nonprofit that aims to break the...more
It's that time of year again: time for parents in Philadelphia to get their kids registered for summer school. The city's School District of Philadelphia has extended the deadline until 4pm...more
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Social Entrepreneurship
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Recycled Water Bottle Roof for Disaster Housing
Stemming from a Kickstarter campaign, a recycled water bottle roof would provide shelter for disaster victims in light of the recent devastation caused by Typhoon Haiyan in the Philippines.
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