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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.
One of Australia's most high-profile business leaders is leaving his post at the Australian Securities Exchange to lead the country's largest anti-slavery organization. David Braga, who has...more
"A nutritious breakfast isn't just about filing empty stomachs; it's about nourishing young minds." That's what Vicki Cutler, a branch manager at Prospera Credit Union in British Columbia, had to...more
Central Community College in Grand Island, Neb., is getting a major boost in its criminal justice program thanks to a $750,000 donation from Hornady Manufacturing. The money will go to the...more
The Starved Rock Country Community Foundation is asking for donations for its 2024 Spring Appeal, which will fund education, mental health, local history, fine arts, entrepreneurship revitalization,...more
On Thanksgiving Day in 1937, the Carroll Theatre in Westminster, Md., opened its doors to the public for the first time. Today, it's the home of the Carroll County Arts Council. The nonprofit...more
One of the biggest institutional investors in the world, Nuveen, is putting its money where its mouth is. In a podcast with Paul Ellis of Forbes, Radhika Shroff, managing director of impact...more
Zimbabwe's main stock exchange has issued a practice note on mandatory reporting of companies' environmental, social, and governance (ESG) practices, and one company in particular is taking full...more
The West African country of Burkina Faso has been hard hit by the effects of climate change droughts, flooding, and rising temperaturesand now it's looking to get some cash from the international...more
"No matter how hard we work, until we get our capital aligned, we're not going to fix the problems," Cory Donovan, executive director of ImpactPHL, tells Technical.ly. That's why the nonprofit in...more
A Boston-based investment firm is teaming up with an American Cancer Society affiliate to try to raise $5 billion for social impact investments over the next five years, the Boston Globe...more
Social Entrepreneurship
Spotlight
This Social Innovation Helps Prevent Bed Sores in Wheelchair Users
Co-founders William Mann and David Mravyan devised the Sensimat during a mandatory project for their MBA at the Richard Ivey School of Business in Canada. Sensimat is a device that helps manage and assess pressure among wheelchair users.
