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FROM NEED TO OPPORTUNITY [social enterprise rural alliance]. BUILDING VIBRANT RURAL COMMUNITIES. a social enterprise is:. “a business engaging in the sales of goods and services to work toward a primarily social and/or environmental purpose”. Parrsboro Band Association.
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FROM NEED TO OPPORTUNITY[social enterprise rural alliance] BUILDING VIBRANT RURAL COMMUNITIES
a social enterprise is: “a business engaging in the sales of goods and services to work toward a primarily social and/or environmental purpose”
what it’s really about • looking at a need and seeing an opportunity • being resourceful • finding innovative solutions • empowering the community • hybrid business model • being accountable to the community
key benefits • provide missing services • increase revenue • increase community control • entrepreneurial culture • community-based • diversify sources of funds • social connections
design options • purpose and motivation • social and economic aims • legal structure • enterprise integration • mission orientation • profit orientation • governance
key success factors • patience • measuring • right people • strong marketing • commitment
barriers to success • managing costs • obtaining capital • trade-offs • long break-even point • measuring • finding viable opportunities • marketing • integrating the environmental bottom line
thank you. Contact: JosinaVink jvink@shs-inc.ca
Questions? JosinaVink Research Analyst, SHS Consulting jvink@shs-inc.ca