WHAT IS A SOCIAL ENTERPRISE?
A social enterprise is a business, either non-profit or for-profit, that builds positive social and/or environmental goals into its operational frame-work and bottom line. Often referred to as “blended returns”, a social enterprise looks to maximize its positive social and environmental impacts while also achieving a profit.
Methods for achieving positive social and environmental impacts can take many forms within a social enterprise. Profits may be entirely reinvested in the company’s mission. Production may be situated strategically in order to provide jobs for communities or for particular populations. A portion of profits may be reinvested in communities and organizations or used to fun specific projects.