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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.
Foundation: Community Foundation of Santa Cruz County
Approximately 300 people showed up to the Community Foundation of Santa Cruz County’s “Rise Together” coalition launch party Friday night, many gathering for the first time with friends they...more
Foundation: Greater Lowell Community Foundation
Recognizing the important role of women in local philanthropy, the Greater Lowell Community Foundation manages many independent funds established by women who pool their resources to support their...more
Foundation: Oklahoma City Community Foundation
The Oklahoma City Community Foundation has announced that seven Oklahoma nonprofits will receive a total of $2,883,880 in grants through the Arnall Community Funds. The Arnall Community Funds were...more
Foundation: Western Colorado Community Foundation
Propelled by the drought in western Colorado, the Wellspring project was launched on June 12 as a one-week summer camp for Fruita Middle School students to highlight water issues in the west. The...more
Foundation: Bloomberg Philanthropies
Bloomberg Philanthropies has announced 50 Champion Cities. They represent the boldest urban innovations in the past year. They will enter the final stage of the 2021 Global Mayor’s Challenge. A...more
Foundation: Arkansas Community Foundation, Chicago Community Trust, Walton Family Foundation
The Alice L. Walton Foundation and the Walton Family Foundation have established a $1 million fund for the LGBTQ advocacy group in Walmart's home state of Arkansas. The Arkansas Community Foundation...more
Foundation: Grays Harbor Community Foundation
The Grays Harbor Community Foundation will award nearly US$1 million in scholarships and will help more than 300 students from local universities and trade schools in the next academic year. This...more
Foundation: Community Foundation of East Central Illinois
Sarah Kaper, director of "Ag in the Classroom" of the Champaign County Department of Agriculture, worked with Urbana Park District (UPD) and Champaign County Forest Reserve (CCFPD) to provide an...more
Foundation: Greater Cedar Rapids Community Foundation
The Wellington Heights Neighborhood Engagement Program held its first Peace Walk this weekend and plans to organize other walks each month through October. The walks aim to build a sense of...more
Foundation: Oregon Community Foundation
Juliette's House, YCAP and Reach Northwest received grants totaling $66,000 from the Oregon Community Foundation. The grants are part of a record funding cycle by the Oregon Community Foundation...more
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Social Entrepreneurship
Spotlight
Europe-wide Call to Support Social Enterprises
Social enterprise leaders throughout Europe are urging local authorities to use their powers to help the third sector grow. During a two-day European Commission event in Strasbourg, councils in member states are called upon to use a variety of methods to support the sector.
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