Social Entrepreneurship Network in the Baltic Sea Region
In the past most startups occurred because a new technology had come along that would provide solution to a problem that could not be solved previously. (As an example, an unmet need was the pain of creating and editing documents. The solution was word processing, and the technological trigger that made this possible was the…
Scholars from Lappeenranta University have been researching social enterprise business models for years. Some time ago they focused their research on health care sector. The study looked at six health care companies with social enterprise characteristics. They were analyzed about their business model and financial success over the past three years. The sample included social…
Social entrepreneurship differs from regular business with its higher goal– while classical companies aim to generate more profit, social enterprises are built with the mission to tackle some specific challenge in the society. Since the goal is different, also the forms of business differ from the classical ones. While identifying the issues may be the…
UrbanLab Gdynia is a space. On one hand, it is a forum – a space of a dialogue and a discussion about the city – on the other? UrbanLab consists of actual rooms and places – a meeting hall, an office and a shared kitchen. Mixed together those two spaces create a brand new…
The Other Bar is a case of a rather unique business model. The company behind the product, FairChain Foundation, believes that inequality and poor living conditions are some of the most pressing challenges globally. In collaboration with the UN, they have set about improving upon these challenges. The framing for the companys solution is the fact…
Social enterprise Textale from Lithuania just recently launched an online shop for used, repurposed, vintage and upcycled clothing for both men and women. Currently, the shop contains over 400 items. The company is pioneering turn in of used clothing by the customers in exchange for discounts on the existing wear. You can visit the online…
An exciting social start-up in Finland There’s an exciting fresh social start-up in Finland that tackles the problem of uneven health provision of the society. It’s called Venner. Venner offers a completely new, simple and effective way to help a poor family in Finland with nutritious food delivered directly to their door. It’s a webshop…
You may have come across Simon Sinek´s work related to the “Start with Why” book, where he differentiates between your why, what you do and how you do it. Successful companies start with Why: the purpose. They communicate their purpose in all that they do and through that attract like minded individuals to their products…
As in any other form of business, also in social entrepreneurship one of the most important aspects is the ability to sustain the activities in the long term. This sustainability is only possible if the entrepreneur has developed a successful money-making strategy and is able to generate revenue. University of Cape Town’s Innovative Finance course has listed 10 business…
Thinking that your customer’s and beneficiaries don’t have possiblity to pay for your services might seem like a problem that can’t be overcome. But, here are some things you can do to approach this problem. As this article by AcumenPlus shows, the solution might lie in addressing the customer’s ability to pay, shifting the company’s revenue model, or a…
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