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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.
Swiss Re is putting its money where its mouth is in Southeast Asia. The insurance giant is launching its Shine social entrepreneurship program in Indonesia, Malaysia, Singapore, and Thailand,...more
Foundation: Barberton Community Foundation
Kenneth Cox was running for mayor of Barberton, Ohio, in 2023, and when he saw a negative Facebook post about him, he decided to do something about it. "The residents of Barberton need a...more
"I am overjoyed with the success of Elevate District 5," says Miami-Dade County Commissioner Eileen Higgins, who's spent the past two years helping more than 500 small businesses in her district get...more
"Mental illness is something that every jail in the state of Alabama deals with," Calhoun County Sheriff Matthew Wade tells the Calhoun Journal. "Resources are not there to properly take care of...more
There's a whole new industry emerging in women's health, or FemTech, and it's all about women's reproductive health. Companies are developing devices and apps that help women better understand...more
Foundation: Surdna Foundation, Ford Foundation, Wallace Foundation, Wallace Foundation, Wallace Foundation, Wallace Foundation
The Ford Foundation has donated $116 million to support artists and arts organizations of color in the US, the New York Times reports. That's more than double the $50 million the foundation...more
"More than half of people with pancreatic cancer die within the first six months of diagnosis and just 11.5% will survive five years," says a press release from the World Health...more
In the wake of the Orlando shooting, Donald Trump has donated $10 million to help victims, CNN reports. The Republican presidential candidate donated $5 million to the Center for Disaster...more
India's Rajiv Gandhi National Institute of Youth Development (RGNIYD) is known for its work with disadvantaged youth, and it's now offering master's and bachelor's degrees in fashion design, textile...more
If you work for one of these companies, there's a good chance you're going to earn some cashin the form of bonuses. Or at least, that's what the folks at 24/7 Wall St. would like you to...more
Social Entrepreneurship
Spotlight
Social Entrepreneurship: The Right Balance of Doing Good and Doing Well
Social entrepreneur and co-founder of nonprofit Jolkona, Adnan Mahmud, discusses his definition of a successful social entrepreneur. He describes the social entrepreneur as someone who has found the right balance between doing good while doing well.
