What is Social Entrepreneurship?

Social entrepreneurship, also known as high impact and mission-driven entrepreneurship, can be defined broadly as the use of innovative business and market-based solutions by for- profit, nonprofit, and hybrid organizations to address social, environmental, and economic challenges.

The field of social entrepreneurship is growing rapidly and attracting a great deal of attention because of its underlying belief in driving sustainable solutions and transformational outcomes in communities – both locally and globally. It is this underlying imperative to solve society’s complex challenges that sets social entrepreneurship apart from traditional entrepreneurship.