Course Content
Innovations in Business
Innovations in Business: Types of Innovations, Creating and Identifying Opportunities, Screening of Business Ideas
0/5
Business Plan and Feasibility Analysis
Business Plan and Feasibility Analysis: Concept and Process of Technical, Market, and Financial Analysis
0/4
Sickness in Small Industries
Sickness in Small Industries: Reasons and Rehabilitation
0/2
Unit X: Test Your Knowledge
Unit X: Test Your Knowledge
0/1
Unit X: Entrepreneurship Development

๐ŸŒ Social Enterprise

๐ŸŒฑ A social enterprise is a type of business that prioritizes social impact over profit maximization.

While it may earn revenue like a traditional business, its primary goal is to address social, environmental, or community issues. The key objectives of a social enterprise include:


  • ๐Ÿ’ผRunning a business to create social benefits:

This is a core feature โ€” operating commercially but reinvesting profits to support social causes such as poverty alleviation, education, health, or environmental protection.


  • ๐ŸŒTo maximize improvements in financial, social and environmental wellbeing:

Social enterprises often follow the “Triple Bottom Line” approach โ€” focusing not just on profit, but also on people (social impact) and the planet (environmental responsibility).


  • ๐Ÿงผ Sulabh International

A classic example of social entrepreneurship in India.

Founded by Dr. Bindeshwar Pathak, it focuses on sanitation, public hygiene, and human rights, especially for manual scavengers.

It provides affordable sanitation solutions and promotes dignity and social equality.