Social Entrepreneurship
Social entrepreneurship is an approach that applies the innovative, risk-taking, and sustainable principles of traditional entrepreneurship to address pressing social and environmental challenges. Unlike conventional businesses primarily focused on maximizing shareholder profit, a social enterprise's main objective is to create and sustain social value, tackling issues such as poverty, inequality, and environmental degradation. These ventures develop market-based solutions and often reinvest their profits back into their mission, aiming to create scalable, self-sufficient models for positive, long-lasting societal change.