Understanding the Role Social Entrepreneurship Plays in Building a Strong Economy

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:


  1. Identify the cause
  2. Build a sustainable plan
  3. Build a talented team
  4. Secure support and collaboration
Read the Entire Article

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Here are the star companies that have succeeded in their corporate social responsibility (CSR) programs. The companies were gathered by Civic 50, a national initiative to survey and rank S&P 500 corporations on how they engage with the communities they serve and utilize best practices in their corporate cultures.




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