SOCIAL ENTREPRENEURSHIP

Briefly about Social Business from different sources

City Development Institute’s contribution to the development of Social Entrepreneurship

Source: National Portal DIYA-BUSINESS, Section: SOCIAL ENTREPRENEURSHIP

social enterprise

The term SOCIAL ENTERPRISE refers to a legally registered organization engaged in entrepreneurial activities with a social purpose.

One of the most significant trends in socio-economic development is the idea that all enterprises will evolve as social enterprises in the future because such enterprises can create social value while being profitable at the same time.

features of the social enterprise

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An enterprise created for the employment of vulnerable population groups, which provides the necessary conditions for their social inclusion in societal processes

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A company that reinvests its profits in the fulfillment of its social mission

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A non-profit organization that drives social change through the use of innovation and entrepreneurship

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An organization that produces socially significant goods or provides socially significant services

social entrepreneur

An agent of social change who seeks to address ‘old’ social issues through ‘new’ entrepreneurial means. A person who leads a social enterprise, capable of quickly responding to acute societal challenges, taking risks, and effecting large-scale changes.

components of social enterprise

advantages of social enterprise

Design Thinking of social enterprise

Empathy

Deep immersion in a problematic situation to see it through the eyes of those experiencing it, to understand their thoughts, experiences, fears, pain, and expectations. The key question at this stage is ‘Why?’ It is necessary to identify the root causes of the social issue.

Testing solutions

The start of testing and improving the solution collaboratively with clients and beneficiaries. After testing, it may be necessary to modify the prototype or even abandon it and return to the previous stage of idea generation.

Design Thinking (дизайн-мислення) – спосіб мислення, який використовують для генерування інноваційних рішень з орієнтацією на потреби людини. Стенфордський метод дизайн-мислення полягає в застосуванні неочікуваних ідей, що приводять до найкращого розв’язання проблеми.

Focusing

Analysis of information and the formulation of tasks that require resolution.

Idea generation

Free exploration of ideas and potential solutions to a specific problem with usage of business tools.

Prototyping

Creation of a basic solution prototype.

Business Startup Ideas