Academic literature on the topic 'Social Enterprise Funding'
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Journal articles on the topic "Social Enterprise Funding"
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Zheng, Shengfen. "Investigation into Funding Strategies of Social Enterprises." China Nonprofit Review 10, no. 1 (August 3, 2018): 34–61. http://dx.doi.org/10.1163/18765149-12341340.
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Abstract It has been attracting growing attention of all sectors of society to support social enterprises with social investment. This article focuses on the four much-discussed funding strategies of venture philanthropy, social impact investment, social impact bonds and crowdfunding. For the research, a total of 186 questionnaires were distributed and 92 of them were returned and found valid, with the rate of recovery standing at 49.5%. It is found that among the four strategies, the more heard of, the clearer, but that a strategy is clear does not mean it is readily accepted by the people; and among the companies with the registered name including the wording of social enterprise and those logging in as social enterprises, there is no significant statistical difference in the funding strategy. The result manifests the social enterprises in Taiwan are in the start-up stage, and goes in line with this article’s observation of the funding strategies, i.e., the funding strategy of the social enterprise has a lot to do with its life cycle. On this account, this article holds that we should pay attention to the life cycle of the social enterprises, adopt appropriate funding strategies based on their development stage and build sustainable business modes.
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Neguț, Adriana. "The Sustainability of Social Enterprises." European Journal of Social Sciences Education and Research 1, no. 1 (May 1, 2014): 257. http://dx.doi.org/10.26417/ejser.v1i1.p257-261.
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During recent years we have witnessed a growing interest in Romania for social economy, as a result of the increasing interest of EU towards the field and the financing lines as SOP HRD 2007-2013, and as well for developing a legal framework on social economy. In Romania, many of the social economy organizations are dependent on these sources of funding, which is a major obstacle to long term sustainability of the sector. In this context, the paper aims to analyse the strategies of social enterprises established under the Priority Axis 6 of SOP HRD to ensure sustainability, on the assumption that once the funding ends they face significant risks and adopt different strategies in order to develop. The sustainability of social enterprises will be explored from three perspectives: (1) financial, seeking to identify the strategies of social enterprises to attract new funding, (2) in terms of consistency of the social enterprise with its initial objectives and principles and (3) from the point of view of the social enterprises' impact on vulnerable groups and the community. The analysis will be based on data from sociological researches on social economy entities in Romania, carried out between 2009 and 2014.
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Wang, Chunlei, Zhaowen Duan, and Larry Yu. "From nonprofit organization to social enterprise." International Journal of Contemporary Hospitality Management 28, no. 6 (June 13, 2016): 1287–306. http://dx.doi.org/10.1108/ijchm-05-2014-0230.
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Purpose This study aims to examine the development of a social enterprise in China’s tourism industry by analyzing the coevolution of the social entrepreneur and the social system. Design/methodology/approach Purposeful sampling was used to select 1kg.org as a single-case study. Semistructured in-depth interviews of three informants were conducted to obtain organization-specific insights. Interview data were analyzed following structuration theory. Secondary data and interviews of other social entrepreneurs and experts were used to support the findings. Research findings were validated using triangulation and member-checking methods. Findings Because of the institutional environment, most nonprofit organizations in China do not have resource independence and clear legal identity. Meanwhile, social enterprise has emerged as a new organizational form with the objective of creating social value through profitable business operations. Practical implications Social enterprise is still in its infancy in China, particularly in the tourism field. This study reveals an innovative and sustainable model for nonprofit organizations in China facing institutional challenges and competitive funding environments. It provides recommendations to policymakers for improving mechanisms to increase social services through social enterprises. Originality/value This study proposes a new conceptual framework for studying social entrepreneurship by adapting structuration theory to address contemporary social and business issues.
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Jaensch, Elena. "Social Enterprise Signaling Factors fostering Philanthropic Venture Capital Funding Success (WITHDRAWN)." Academy of Management Proceedings 2018, no. 1 (August 2018): 12306. http://dx.doi.org/10.5465/ambpp.2018.12306abstract.
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Stickley, Anna Joy, and Kelly J. Hall. "Social enterprise: a model of recovery and social inclusion for occupational therapy practice in the UK." Mental Health and Social Inclusion 21, no. 2 (April 10, 2017): 91–101. http://dx.doi.org/10.1108/mhsi-01-2017-0002.
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Purpose Occupational therapists are increasingly working in organisations outside of the public sector. UK government policy over the past decade has promoted health and social care provision by social enterprises. The purpose of this paper is to examine the compatibility of occupational therapy practice and a social enterprise environment, within the UK and questions if this approach may enhance experiences of social inclusion for people who use these services. Design/methodology/approach Case study methodology was used with eight social enterprises in the UK. Data were collected through: semi-structured interviews, formal organisational documents, and field visits and observations. Interviews were conducted with 26 participants who were occupational therapists, service users and social entrepreneurs/managers. The interviews were recorded, transcribed and analysed using thematic analysis. Findings Occupational therapists experienced job satisfaction, professional autonomy and were able to practise according to their professional philosophy. Service users valued support with: employment, routine, social relationships, and developing a sense of identity, particularly outside of a medical model definition. To a degree therefore, people using these services claimed socially inclusive benefits. Challenges with funding social enterprises, however, impacted occupational therapy delivery in some cases. Research limitations/implications The majority of social enterprise research is drawn from case study methodology; however, this was the most appropriate research design to gain greatest insight into a small but developing phenomenon. Further research into occupational therapy practice within social enterprises is required, particularly on the effectiveness of returning to work and social inclusion. Social implications Social enterprises can provide therapeutic environments to promote recovery and social inclusion which is also compatible with occupational therapy practice. Originality/value This is the first known national research into occupational therapy provision in social enterprises within the UK, which evidences a compatibility within occupational therapy practice within a social enterprise environment and the benefits of this.
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Ntamu, Diana Nandagire, Waswa Balunywa, John Munene, Peter Rosa, Laura A. Orobia, and Ernest Abaho. "Creating and sustaining social value through collaborative effort: the slum ambassadors of Bwaise." Emerald Emerging Markets Case Studies 11, no. 2 (May 21, 2021): 1–33. http://dx.doi.org/10.1108/eemcs-10-2019-0270.
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Learning outcomes By the end of their studies, students are expected to: undergraduate level. Learning objective 1: Describe the concept of social entrepreneurship. Learning objective 2: Explain the sources and challenges of funding social entrepreneurial activities. Learning objective 3: Discuss the different strategies that social entrepreneurs may use to raise funds. Postgraduate level. Learning Objective 1: Use theory to explain the concept of social entrepreneurship. Learning objective 2: Discuss the role of social capital in facilitating resource acquisition for social entrepreneurial activities. Learning objective 3: Evaluate the current action for fundamental change and development (AFFCAD) funding model and propose strategies that may be used by a social enterprise to achieve financial sustainability when donor funding expires. Case overview/synopsis The past decade has seen the emergence of many social enterprises from disadvantaged communities in low-income countries, seeking to provide solutions to social problems, which in developed countries would normally be addressed by government sponsored welfare programmes. The social entrepreneurs behind such initiatives are typically drawn from the disadvantaged communities they serve. They are often young people committed to improving the lives of their most disadvantaged community members. Being poor themselves and located in the poorest communities, establishing their enterprise faces fundamental challenges of obtaining resources and if accessed, sustaining the flow of resources to continue and grow their enterprise. Targeting external donors and mobilizing social resources within their community is a typical route to get their enterprise off the ground, but sustaining momentum when donor funding ceases requires changes of strategy and management. How are young social entrepreneurs dealing with these challenges? The case focusses on AFFCAD, a social enterprise founded by Mohammed Kisirisa and his three friends to support poor people in Bwaise, the largest slum in Kampala city. It illustrates how, like many other similar social enterprise teams, the AFFCAD team struggled to establish itself and its continuing difficulties in trying to financially sustain its activities. The case demonstrates how the youngsters mobilised social networks and collective action to gain access to donor funding and how they are modifying this strategy as donor funding expires. From an academic perspective, a positive theory of social entrepreneurship (Santos, 2012) is applied to create an understanding of the concept of social entrepreneurship. The case uses the social capital theory to demonstrate the role played by social ties in enabling social entrepreneurs to access financial and non-financial support in a resource scarce context (Bourdieu, 1983; Coleman, 1988, 1990). The National Council for Voluntary Organisations Income Spectrum is used as a tool to develop the options available for the AFFCAD team to sustain their activities in the absence of donor support. The case provides evidence that social entrepreneurs are not limited by an initial lack of resources especially if they create productive relationships at multiple levels in the communities where they work. However, their continued success depends on the ability to reinvent themselves by identifying ways to generate revenue to achieve their social goals. Complexity academic level This case study is aimed at Bachelor of Entrepreneurship students, MBA, MSc. Entrepreneurship and Masters of Social Innovation students. Supplementary materials Teaching Notes are available for educators only. Subject code CSS 3: Entrepreneurship.
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Beck, Shelley B., Ayanda P. Deliwe, and Elroy E. Smith. "Assessing SME Perceptions of Using Green Social Media Marketing." 11th GLOBAL CONFERENCE ON BUSINESS AND SOCIAL SCIENCES 11, no. 1 (December 9, 2020): 74. http://dx.doi.org/10.35609/gcbssproceeding.2020.11(74).
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The image of an enterprise in relation to the environment in which it operates is currently of increased importance (Liskova, Cudlinova, Partlova & Petr, 2016, p.64). An enterprise's brand image is a customer's perception of a brand and can help customers assemble information, discriminate brands, create positive feelings, and create a reason to purchase (Huang, Yang & Wang, 2014, p.263). Therefore, enterprises aim to create a strong positive image of their brand which can be generated through marketing programmes. Social media marketing is the application of marketing principles, tools and techniques to social media platforms to differentiate and position the brand better than competitors (Neti, 2011, p.3). Enterprises should therefore use social media to promote and communicate their green initiatives to their stakeholders because of the prominent benefits it offers. Conscious and careful use of social media is the most promising investment for furthering an enterprise's green marketing strategies and by implementing green projects as a CSR initiative SMEs can satisfy their stakeholders (Williams, Page & Petrosky, 2014, p.26). SMEs do not effectively and efficiently market their enterprises due to the lack of funding, insufficient cash flow and the need for technical assistance to market their enterprise (National Small Business Chamber, 2016). Social media is the most popular means of communication in society and provide a good solution as it allows enterprises to interact with their stakeholders through dialogue and engagement to identify and satisfy stakeholder expectations (Bibri, 2008, p.14). The implementation of marketing activities that communicate enterprises' social and environmental initiatives creates added value and enhances financial performance (Bibri, 2008, p.14). If SMEs promote their green initiatives in their marketing communications that are directed at their stakeholders, they could succeed in marketing their business effectively and as a result grow and survive in the long term. However, few SMEs in South Africa are aware that implementing green strategies can improve their profitability and their survival. Keywords: Green marketing; social media marketing; SME's
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Pinch, Steven, and Peter Sunley. "Social enterprise and neoinstitutional theory." Social Enterprise Journal 11, no. 3 (November 2, 2015): 303–20. http://dx.doi.org/10.1108/sej-07-2014-0030.
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Purpose – The purpose of this paper is to argue that neoinstitutional theory can provide insights into the conflicts between social ends and economic means within social enterprises (SEs). Tensions between these differing institutional logics may be seen as a manifestation of ambiguity and incoherence in an organizational field that is, despite many recent regulative and normative changes, still weakly institutionalized in the UK. Design/methodology/approach – The research design adopts a qualitative approach and is based on semi-structured, in-depth interviews with 40 SE managers in four major UK cities. Findings – Findings suggest that SE managers deal with the competing institutional logics of “the market” and “social care” in differing ways. Research limitations/implications – The case studies are derived from major UK cities where SEs are more likely to be dependent on state and quasi-public sector forms of support. Practical implications – Policies attempting to imbue a more commercial and business-like approach with the institutional field of SE should recognize the tensions imposed by such a shift. These tensions are especially pronounced in SEs affected by changes to state funding regimes and publicly sponsored markets. In some situations, such market logic may be largely inappropriate. Social implications – Changing institutional logics within an organizational field such as SE requires a recognition of the complex interrelationships between that factors that create and sustain such a field, most notably legal (regulative), educational (normative) and attitudinal (cognitive) factors. Originality/value – This is one of the few papers to explore the value of neoinstitutional theory in the context of SE.
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Smith, Brett R., Maria L. Cronley, and Terri F. Barr. "Funding Implications of Social Enterprise: The Role of Mission Consistency, Entrepreneurial Competence, and Attitude toward Social Enterprise on Donor Behavior." Journal of Public Policy & Marketing 31, no. 1 (April 2012): 142–57. http://dx.doi.org/10.1509/jppm.11.033.
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Roy, Michael J., Neil McHugh, and Clementine Hill O'Connor. "Social Innovation: Worklessness, Welfare and Well-being." Social Policy and Society 13, no. 3 (March 24, 2014): 457–67. http://dx.doi.org/10.1017/s1474746414000104.
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The UK Government has recently implemented large-scale public-sector funding cuts and substantial welfare reform. Groups within civil society are being encouraged to fill gaps in service provision, and ‘social innovation’ has been championed as a means of addressing social exclusion, such as that caused by worklessness, a major impediment to citizens being able to access money, power and resources, which are key social determinants of health. The aim of this article is to make the case for innovative ‘upstream’ approaches to addressing health inequalities, and we discuss three prominent social innovations gaining traction: microcredit for enterprise; social enterprise in the form of Work Integration Social Enterprises (WISEs); and Self Reliant Groups (SRGs). We find that while certain social innovations may have the potential to address health inequalities, large-scale research programmes that will yield the quality and range of empirical evidence to demonstrate impact, and, in particular, an understanding of the causal pathways and mechanisms of action, simply do not yet exist.
Dissertations / Theses on the topic "Social Enterprise Funding"
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Scherrer, Miles. "Funding of Social Enterprises : A case study of high investor engagement funding practices on for-profit social enterprises." Thesis, Uppsala universitet, Företagsekonomiska institutionen, 2016. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-297872.
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This bachelor thesis evaluates how high-engagement investors contribute to the development and growth of for-profit social enterprises by providing both funding and non-financial advisory services focused on organisational capacity-building. Case studies on three social enterprises describe the structure of funding deals, what considerations affected these due to the high social character of the ventures, and inquire into the relationship between social enterprise and their investors to evaluate how the investors provide value for their investees beyond capital. The investor types involved include commercial venture capital funds, angel investors, accelerator programs and venture philanthropy funds; a sort of social impact investment fund which combines the high- engagement mentoring of venture capital funds with lower expectations on financial returns in exchange for higher demands on social impact. The findings indicate that high-engagement investors in general provide a wide range of services to the social enterprises studied, where strategic advisory services and networks introductions are identified as key enablers for development. Aligning philosophies on the combination of business and social impact is also identified as critical for a constructive relationship between investor and investee. The perceived value of venture philanthropy funding diverges between the cases; while filling an empty space in the social enterprise capital market, some findings question their capabilities and investment model. Apart from the initial research questions on how high-engagement investors add value to social enterprises, the study raises further questions on social enterprise funding in general and the issues that obstructs these organisations from introducing innovation and growth to underdeveloped markets.
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Kieler, Bryan K. "Reducing Reliance on Government Funding in the Nonprofit Sector." ScholarWorks, 2019. https://scholarworks.waldenu.edu/dissertations/7306.
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Many leaders of nonprofit organizations are challenged by limited and declining financial resources from government grants, while being asked by funders and their constituent base to provide better quality services to a larger population. Nonprofit leaders are exploring strategies to reduce their reliance on government grants by diversifying and growing alternative funding sources. The purpose of this single case study was to explore, through the conceptual lens of the balanced scorecard theory, strategies used by 4 leaders of a nonprofit organization in southern California who have experience managing and growing alternative revenue sources by creating a social enterprise. Semistructured interviews were used to collect data and organizational documents were reviewed. The data were manually coded, and mind mapping was used to identify common themes. Thematic data analysis showed 5 themes: lack of a systematic approach to processes, lack of defined SMART processes, lack of integrating results into the organization's key performance indicators (KPI), lack of defined measurable goals and objectives related to the KPIs in the business models of these organizations, and lack of defined sustainability plan. Nonprofit leaders may benefit from a systematic strategic approach to guide their organization. Nonprofit leaders need to understand how these systematic strategic approaches may impact their organization and how to integrate such opportunities into their organization. The implications for positive social change include the potential to fulfill the missions, strengthen the overall funding sources, and serve the local communities of nonprofit organizations by learning how to use the strategic planning processes.
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Dragon, Katharina Agnes. "Funding social sector activity in Brazil: a case study analysis of agency risk incidence and mitigation." reponame:Repositório Institucional do FGV, 2012. http://hdl.handle.net/10438/9929.
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Empresas e organizações sociais têm um papel cada vez mais importante no mercado brasileiro. Essas organizações - sejam elas com ou sem fins lucrativos –têm como objetivocausar um profundo e positivo impacto social.Ambas enfrentamtambém o mesmo desafio: financiar as suas operações. Recentemente, dois modelos inovadores de financiamento, o fundo de venture capitalVox Capital e o fundo de empréstimo social SITAWI, entraram no mercado brasileiro para solucionar esse desafio. Este estudo analisa ambos os fundos,associando o problema do financiamento de empresas e organizações sociais às teorias tradicionais de negócio. Mais especificamente, por meio de um estudo de caso,é avaliado se o risco de agência (agency risk) explica as práticas e o designcontratual utilizados pelos fundos. A pesquisa é baseada num estudo de Alemany e Scarlata (2010) sobre a estruturação dos negócios de fundos filantrópicos de capital empreendedor (PhVC, na sigla em inglês) na América do Norte e na Europa. Uma definição chave desse estudo é que organizações sem fins lucrativos, ao contrário daquelas com fins lucrativos, estão sujeitas a uma restrição de distribuição de lucros. Embora Alemany e Scarlata (2010) tivessem descobertoque parceria (stewardship), mais do que o problema de agência (agency problem), explica a estrutura dos negócios dos fundos PhVC, as implicações do presente estudo de caso para o Brasil são diferentes. Os resultados sugerem que o problema de agência,mais do que a parceria,descreve adequadamente os contratos analisados de financiamento. Detectou-seque cláusulas contratuais não foram apenas usadas para mitigar o risco de agênciaresultanteda ausência de uma restrição de distribuição de lucros, mas também para reger as estruturas cooperativas com organizações sem fins lucrativos. No caso de SITAWI, a restrição dos destinatários de fundos de distribuir lucros provou-se uma ferramenta efetiva para alinhar os interesses entre os financiadores e os destinatários dos fundos. Apesar daimplicação da presença de parceria, os contratos do fundo social contiveram cláusulas geralmente usadas para reduzir o risco de agência. No caso de Vox Capital, os destinatários dos fundos eram empresas com fins lucrativos, portanto não sujeitas à restrição de distribuição de lucros. O modelo de negócio de Vox Capital é organizado para impedir qualquer incidência potencial do problema de agência. Ambos os fundos, independentemente da estrutura jurídica dos beneficiários destes fundos, evidenciaram o intuito de garantir a aplicação de práticas de negócio utilizadas pelas empresas tradicionais do setor corporativo em vez daquelas utilizadas no setor social.
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Okonkwo, Anthony. "Understanding The Implications of Internally and Externally Generated Revenue for Social Entrepreneurship: A critical Analysis." Thesis, Malmö högskola, Fakulteten för kultur och samhälle (KS), 2010. http://urn.kb.se/resolve?urn=urn:nbn:se:mau:diva-22863.
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Funding strategy has often been the determinant factor in the level of success for social entrepreneurships. The strategy could be a preference for internally generated revenue, externally generated revenue or a combination of the two. Interestingly, scarcity of resources has always been ‘a clog in the wheel’ of meaningful execution of projects irrespective of the funding model a social entrepreneur chooses. Through a review of existing literatures, this paper weighs the implications of choosing either externally generated revenue or internally generated revenue; specifically contextualizing the study to US. More so, it attempts to find out which of the two models would ensure optimum productivity, given that scarcity of resources would hamper the chances of effectively running the two models simultaneously. To arrive at a ‘plausible’ response, principles of resource valuation become vital in determining the costs and benefits associated with each model of funding. Consequently, the findings show that though both internally and externally generated revenue are sine qua non to an effective and efficient production of social values, internally generated revenue ensures better optimum production than externally generated revenue.
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Lindgren, Håkan, Jeanette Koznar, and Sandra Nilsson. "Sociala företags finansieringsproblematik : En litteraturstudie om bidragande faktorer till finansieringsgapet mellan sociala företag och dess finansiärer." Thesis, Blekinge Tekniska Högskola, 2017. http://urn.kb.se/resolve?urn=urn:nbn:se:bth-14836.
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Titel: Sociala företags finansieringsproblematik: En litteraturstudie om bidragande faktorer till finansieringsgapet mellan sociala företag och dess finansiärer. Författare: Jeanette Koznar, Håkan Lindgren och Sandra Nilsson Handledare: Anders Wrenne Institution: Managementhögskolan, Blekinge Tekniska Högskola Kurs: Kandidatarbete i Företagsekonomi, 15 högskolepoäng Syfte: Uppsatsens syfte är att identifiera det befintliga kunskapsläget för hur fem utvalda faktorerna påverkar finansiärers benägenhet att investera i sociala företag, för att därefter urskönja mönster mellan dessa fem faktorerna och diskutera hur ett samspelande kan minska finansieringsgapet. Metod: Vi valde att använda oss av en explorativ litteraturstudie som metod då denna karaktäriseras av att fördjupa förståelsen för ett forskningsproblem. Slutsatser: Vi fann att genom att se sambanden mellan de faktorer som påverkar finansieringsgapet, mellan sociala företag och finansiärer, kan flera faktorers inverkan på finansieringsgapet minskas framförallt genom att attackera en av dessa faktorer: de organisatoriska färdigheterna.Title: The financial problem for social enterprises: A literature review on contributing factors to the funding gap between social enterprises and its financiers. Authors: Jeanette Koznar, Håkan Lindgren och Sandra Nilsson Supervisor: Anders Wrenne Department: School of Management, Blekinge Institute of Technology Course: Bachelor’s thesis in Business Administration, 15 credits Purpose: The purpose of this essay is to identify the existing level of knowledge for how the five specifically chosen factors affect financiers' propensity to invest in social enterprises, and descry patterns between these five factors and discuss how an interaction between them can reduce the funding gap. Method: We chose an exploratory literature review as a method to conduct this study based on that it is characterized by further deepening the understandings of a specific research problem. Results: We found that by investigating the connection between the factors that contribute to the funding gap between social enterprises and financiers, the impact on the funding gap can be reduced primarily by attacking one of these factors: the organizational skills.
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Kuang, PeiYing, and ZhongLv Song. "How Do Social Enterprises Access Funding? : RAPATAC In Gävle." Thesis, Högskolan i Gävle, Avdelningen för ekonomi, 2013. http://urn.kb.se/resolve?urn=urn:nbn:se:hig:diva-15950.
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Title: How Do Social Enterprises Access Funding? RAPATAC In Gävle Level: Final assignment for Bachelor Degree in Business Administration Authors: Peiying Kuang and Zhonglv Song Supervisor: Dr. Maria Fregidou-Malama Examiner: Jonas Kågström Date: 2013 May Aim: The purpose of this study is to investigate the factors that influence social enterprises to access funding. Method: This study has chosen a social enterprise as a single case study. We design the questions and collect the data based on five assessment factors from both the social enterprise and funders’ perspective. We use interview and questionnaires to investigate whether these five assessment factors influence funders’ decision. Result and Conclusions: In our study, we found that five assessment factors could influence the funders’ decision. Social mission and the qualities of the leader are crucial factors influencing funding decisions. The performance of SE, financing sustainability and communication transparence influence social enterprise to maintain a long-term relationship with funders. Suggestion for further studies: This investigation based on a single case study in Gavle, and we have collected data from a limited number of responders. Thus, we suggest using multiple case studies and collecting data from more responders. The further study should not be limited to one city. Contribution of the thesis: Our theoretical contribution is providing a model to complete theory. This model includes five factors which affecting funding of social enterprise. In managerial aspect, both current and potential social entrepreneurs can refer to these five assessment factors to improve their competence to attract funders. For the societal implication, this study shows the value and challenge of social enterprise to people and government, which enhance the public recognition of the social enterprise. Key words: Funders, social mission, qualities of leader, performance of SE, financing sustainability, communication transparence.
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RHENMAN, ELIN. "How are Swedish social entrepreneurs financing theirbusinesses? : A survey of Swedish social entrepreneurs’ access to funding." Thesis, KTH, Nationalekonomi, 2016. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-198689.
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Social entrepreneurship and related concepts have received an increasing amount of attention during the last years. Social entrepreneurship is characterized by ventures with a social mission, seeking to address societal challenges and needs. The social goal is the primary goal of the business activities whereas generating economic profit is not the main objective, yet still possible. Social entrepreneurship is often seen as a powerful tool for creating sustainable development, a fundamental goal of many businesses, countries and organizations today. Just like any other firm, social entrepreneurs need finance in order to exist. This thesis seeks to examine how Swedish social entrepreneurs finance their businesses. A questionnaire was sent out to Swedish social entrepreneurs and the results suggest that Swedish social entrepreneurs to a large extent rely on governmental funds and support, personal resources and internally generated capital. Access to the traditional banking system seems to be limited compared to traditional entrepreneurs. There seems to be a gap between the demand and supply of external capital since the majority of the respondents believe that they have a limited access to external capital. 60 per cent of the respondents reported a positive economic result in the last fiscal year. Furthermore, the majority of the respondents want to expand their businesses in the future but the largest obstacles seem to be lack of financing and political aspects. The respondents hope for, among other things, an improved attitude towards social entrepreneurship in general, more financing and increased collaboration with Swedish municipalities. Altogether the results highlight the role of the government in supporting and promoting this type of firms in Sweden.
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Cozonac, Eugeniu, and Tilahun Senait Asfaw. "Managing Challenges in Social Enterprises: The Case of Sweden." Thesis, Högskolan i Gävle, Avdelningen för ekonomi, 2015. http://urn.kb.se/resolve?urn=urn:nbn:se:hig:diva-19267.
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Aim: There is a growing body of literature that recognizes the importance of Social Enterprises (SE) to improve the welfare of society. Few empirical studies have attempted to investigate what are the challenges SEs face and how they manage them. A number of researchers have reported that SEs often have a negative connotation. The aim of this study is to investigate challenges social enterprises face in Sweden.Method: The study adopted a Qualitative approach. Primary data is gathered by interviewing 10 managers of social enterprise from 5 different SEs in Sweden. The interview was made in three different locations, Gävle, Uppsala and Tierp. De-coding the qualitative research data through content analysis, an interpretive analysis was used classifying the data concerning responses by highlighting important messages.Findings and Conclusion: SEs face diverse challenges: Funding, Public Image, Sales, Network and Cooperation, Governance/Structure, Leadership and Management. One of the more significant finding to emerge from this study is that, the foundations-access to finance is one of the critical challenges on which the fate of each SE depends. Most of the times, societies do not acknowledge the role of social enterprises and the values they bring to the society. From this, SEs cannot attract support of any kind. SEs lack the understanding and significance of marketing. Making people understanding SEs’s role, would provide them with a positive public image and thereafter support.Suggestions for future research: The study has a small sample size and results cannot be generalizable. A natural progression of this work is to analyse: Challenges on SEs with focus on Society, The impact of Society on SEs, Public identity of SEs and importance of Society.Contribution of the thesis: Dependency on fundraising, grants and donations are heavily connected with widespread lack of understanding the impact of SEs on society. SEs managers should apply different marketing tactics to communicate their role in welfare of the community.
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Subirà, Lobera Esther. "Los "segundos mercados" de valores: presente y futuro del segundo mercado de valores de la Bolsa de Barcelona." Doctoral thesis, Universitat de Barcelona, 1990. http://hdl.handle.net/10803/667753.
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La tesis consta de tres partes. La primera se inicia partiendo de una visión global del sector financiero de la economia y en ella se estudia la evolución de que el mismo ha sido objeto para centrar nuestro tema de estudio: los mercados de valores en general y los "segundos mercados" en particular. Con la iniciativa de su creación se consigue el eslabón necesario para disponer de un sistema financiero capaz de responder adecuadamente a todas las necesidades sentidas de manera eficiente y sin incurrir en agravios comparativos. En España, también se han organizado este tipo de mercados, pero la experiencia demuestra que, hoy por hoy, no son excesivamente exitosos.
Para averiguar las causas de esta situación, la segunda parte de la tesis aborda un estudio empírico realizado en base a una población de empresas de tamaño diverso ubicadas en Cataluña cuyo denominador común es la no participación en el mercado de valores y además en base a aquellas empresas que ya están cotizando en el segundo mercado de valores de la Bolsa de Barcelona, sin restricciones de territorialidad; los resultados obtenidos dan paso a la tercera parte del estudios y demuestran que, en primer lugar, no se conoce suficientemente bien el mercado de valores; en consecuencia, existe cierto recelo por parte de las empresas en valorar sus ventajas, y en segundo lugar, el "segundo mercado" es un perfecto desconocido, no tanto para los expertos financieros, pero sí para los potenciales inversores.
Por todo ello se sugiere una campaña de información y realizar algunos ajustes de tipo fiscal que permitan potenciar su ulterior desarrollo.
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Roundy, Philip Thomas. "The stories of social entrepreneurship : narrative discourse and social enterprise resource acquisition." 2013. http://hdl.handle.net/2152/21213.
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Social entrepreneurship is a phenomenon of increasing economic and cultural importance. A key challenge for social enterprises is resource acquisition. However, how social entrepreneurs acquire the resources needed to grow their ventures is not clear. Moreover, social enterprises differ from traditional ventures in several key ways which suggest that research developed from studying traditional entrepreneurs does not fully apply to social entrepreneurs. The focus of this dissertation is how social entrepreneurs use narratives to gather resources. This topic is examined using a multi-study, inductive, theory-building design based on 121 interviews, observation, and archival data. In Study 1, I interview 75 entrepreneurs, investors, and ancillary participants in the social enterprise sector. In Study 2, I construct case studies of eight technology-focused social ventures. The result is a framework explaining how differences in entrepreneurs' narrative tactics and characteristics are associated with differences in their resource acquisition success. Specifically, from Study 1 I develop a typology of social enterprise narratives, identify three narrative-types (personal, social-good, and business), and show that they possess unique elements. Findings from Study 2 demonstrate that the three narrative-types serve as the building blocks for communication with external stakeholders, particularly investors and the media. I find that successful social entrepreneurs used narratives to engage in two tactics -- tailoring and linking -- and constructed narratives with a unique characteristic: multiplexity. These findings contribute to three literatures that formed the basis of the study -- social entrepreneurship, entrepreneurial resource acquisition, and organizational narrative theory -- and have implications for work on competing institutional logics and emotion in stakeholder evaluations.text
Books on the topic "Social Enterprise Funding"
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Strategic approaches to successful crowdfunding. Hershey: Business Science Reference, 2016.
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Wales, Kim. CrowdBureau: A guide to the JOBS Act, social data, and the utilization of crowdfunding to benefit investment portfolios. Hoboken, New Jersey: John Wiley & Sons, Inc., 2015.
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The everything guide to crowdfunding: Learn how to use social media for small-business funding : understand crowd psychology : gain an online presence : create a successful crowdfunding campaign : promote your campaign to reach hidden funding sources. Avon, Mass: Adams Media, 2013.
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Barker, Richard. Getting the environment right. Oxford University Press, 2016. http://dx.doi.org/10.1093/med/9780198737780.003.0006.
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The changes proposed to enable sustainable innovation need the right environment in which to occur. Politicians, the media, ethicists, public and patient debate, funding agencies, and investors can all play a major role in supporting the future of medical innovation. Public–private partnerships and life science clusters are vehicles in which the new precision medicine can flourish. However, we need a new ‘social contract’ to underpin the innovation enterprise. Countries that wish to lead in the new era of precision medicine will need to unite their health and innovation policy agendas, be prepared to provide finance to achieve proof of concept, encourage public–private partnerships and the development of life science clusters, set up constructive public and ethical dialogues, invest in developing regulatory science and in bringing patients fully into policy development.
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The crowdfunding revolution: How to raise venture capital using social media. New York, USA: McGraw Hill Professional, 2013.
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Diamandis, Peter H., and Steven Kotler. Bold: How to Go Big, Create Wealth and Impact the World. Simon & Schuster, 2016.
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Diamandis, Peter H., and Steven Kotler. Bold: How to Go Big, Create Wealth and Impact the World. Simon & Schuster Audio, 2015.
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Bold: How to Go Big, Create Wealth and Impact the World. Simon & Schuster, Limited, 2015.
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Gugerty, Mary Kay, and Dean Karlan. The Goldilocks Challenge. Oxford University Press, 2018. http://dx.doi.org/10.1093/oso/9780199366088.001.0001.
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Nonprofits, governments, and social enterprises face increasing pressure to prove that their programs are making a positive impact on the world. This focus on impact is positive: learning whether we are making a difference enhances our ability to effectively address pressing social problems, and is critical for wise stewardship of resources. However, measuring the impact of a program is not always possible, nor is impact evaluation always the right choice for every organization or program. Accurately assessing impact requires information about what would have happened had the program not occurred, and it can be difficult and costly (or even impossible) to gather that information. Yet actors in the social sector face stiff competition for funding, and competition often demands evidence of impact. Faced with this pressure, organizations often attempt to measure impact even when the accuracy is questionable or worse. The result? A lot of misleading data and rhetoric about what works. Moreover, in this pursuit, many organizations collect huge amounts of data that cannot be or are not put to good use for learning and program improvement. Bottom line: Impact is great to measure when you can. But not everyone can and should measure impact. What, then, should organizations do? The Goldilocks Challenge presents four key principles to help guide organizations of all sizes and types in building strong, “right-fit” data collection systems. Those principles—Credible, Actionable, Responsible, and Transportable, or “CART”—describe how organizations can build data systems that support learning and improvement and measure impact when the time is right.
Book chapters on the topic "Social Enterprise Funding"
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Porth, Florian. "Good Practice at GASAG Group: Recommendations for the Application of Internal Crowdsourcing from a Business Perspective." In Contributions to Management Science, 139–52. Cham: Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-52881-2_8.
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AbstractDeveloping innovative and marketable products and services and maintaining innovation capacity are basic prerequisites for a company’s economic success and present implicit challenges in the adaptation to twenty-first-century needs. These success factors are put at risk by silo mentalities and by insufficiently pronounced cross-departmental knowledge transfers. The GASAG Group as a typical organizational layout of medium-sized enterprises in Germany has been and still is confronted with these challenges as well. In order to face them, the GASAG Group decided to work on company culture as well as to develop an open and innovative mindset, prompting it to join the ICU (ICU stands for ‘Internal Crowdsourcing in Enterprises’ and is a joint project funded by the Federal Ministry of Research and Education (BMBF) and the European Social Fund (ESF) for a period of 3 years, from June 2017 to May 2020, under the funding measure ‘Work in the Digitalised World’ and supervised by the project management organization Karlsruhe. The project goal was the development of an employee-friendly cross-industry reference model for Internal Crowdsourcing.). Research Project in 2017. The aim of this chapter is to describe the ICU approach from the practical, company perspective of the GASAG Group and to map out identified success factors as well as provide general recommendations for the implementation of Internal Crowdsourcing in a business environment.
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Kucher, J. Howard. "A ladder to nowhere? A research agenda for funding social enterprise." In A Research Agenda for Social Finance, 37–53. Edward Elgar Publishing, 2021. http://dx.doi.org/10.4337/9781789907964.00009.
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Jankelowitz, Lauren, and Kerrin Myres. "Micro Social Enterprises in Developing Countries." In Handbook of Research on Value Creation for Small and Micro Social Enterprises, 1–25. IGI Global, 2019. http://dx.doi.org/10.4018/978-1-5225-6298-6.ch001.
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Social enterprises have a strong focus on social mission, whether they have non-profit or commercial roots. In the developing country context, non-profit organizations are adapting to meet scarce funding resources by becoming more entrepreneurial and adopting profit-making behaviors. Concurrently, businesses are engaging more with their clients and the communities within which they work, developing innovative business solutions to address social problems. While the study of social enterprises in the developed world focuses on choice, autonomy, legitimacy, and growth in the transition to social enterprise, very few comprehensive studies have been conducted on social enterprises in the developing country context. It is thus difficult to assess whether developing country contexts are different or not. A recent study to understand who South African social enterprises are and whether their context is relevant, found that these organizations are similar to and different from those operating in the developed world, thus suggesting that context does play a role.
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Kelly, Paul. "Funding Your Festival." In Principles of Festival Management. Goodfellow Publishers, 2019. http://dx.doi.org/10.23912/978-1-911396-82-6-4076.
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Every organisation needs money to get going, and this includes non-profit ventures. The reasons why they need it may vary, as may the sources. To get a venture off the ground it generally needs ‘start-up funding’, whether it be borrowing £50 off your auntie to pay for the costs of printing some flyers, or maybe setting up a limited company, or borrowing £250,000 from a bank or financial institution to open several shops and an office. Whichever it is, you will have costs. So, unless you have a large sum of cash lying idle, you will need to find a way of raising money to get things started. Another reason for needing cash is if you know your venture, be it a new festival or a community arts venture, will not generate enough box office or other earned income to cover its costs, meaning you will be making a loss from the outset. In this case, if your project meets a well-articulated social need you will be able to make a case for start-up funding and money to cover its running costs. How you make the funding approach very much depends on your festival’s ethos and its legal structure. We covered the first of these in Chapter 2 and the legal issues are covered in more detail in Chapter 6. This chapter will give you the framework that ties together your festival objectives, its legal structure and the potential funding sources as well as some of the techniques you will need for raising that all-important cash. This chapter focuses mainly on fund-raising for not-for-profit or social enterprise festivals. The principles of persuading donors or bodies like an Arts Council are not that different from those of persuading commercial investors, other than that the return you would promise commercial investors would be financial rather than social or artistic objectives. The chapter starts by looking at those differences.
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Husain-Talero, Soraya, and Luz Dary González Cortés. "Social Entrepreneurship." In Encyclopedia of Organizational Knowledge, Administration, and Technology, 1413–26. IGI Global, 2021. http://dx.doi.org/10.4018/978-1-7998-3473-1.ch097.
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The chapter aims to conceptualize social entrepreneurship, together with its contribution to social value creation and its relation to innovation and sustainability. The chapter begins by theorizing about social entrepreneurship and the desirable characteristics of a social entrepreneur. Comparisons between the different schools of taught, namely The Social Enterprise School and the Social Innovation School are made in order to understand trends and similarities that might affect the development of a social entrepreneurial ecosystem. Finally, the links between social entrepreneurship, sustainability and social innovation are explored, as well as issues and challenges that might occur in relation to funding strategies, tax and legal regulations, public investment, public awareness and impact measurement. The article concludes that social entrepreneurship contributes to tackling social problems in an innovative manner, bringing together different actors such as government, private companies and social entrepreneurs.
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Maher, Chi. "Public Policies Impact on Third Sector Social Enterprises in UK Regions." In Advances in Electronic Government, Digital Divide, and Regional Development, 246–66. IGI Global, 2016. http://dx.doi.org/10.4018/978-1-4666-9567-2.ch012.
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This chapter provides an important perspective on how public policies impact small third sector social enterprises in UK regions. There is limited research that has explored the how government policies are impacting on small regional drug and alcohol social enterprises. The research employed a multiple case study design (Stake, 2006; Yin, 2009).of eight small drug and alcohol third sector social enterprise organisations based in three UK regions (The East Midlands, The South East (including London) and Yorkshire and Humber). Semi-structured interviews were conducted Chief Executive Officers (CEOs) of these organisations to ascertain how government policy framework influences their service developments. The research finding contributes to the fairly limited empirical research investigating regional variations of third sector social enterprises. It advocates for changes in government regional funding polices help small third sector social enterprises to develop and sustain appropriate effective services where they are based – at the regional level.
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Silva, Andrea Carolina, and Carlos Poza. "A Review of the Social Entrepreneurship Phenomenon." In Handbook of Research on Social Entrepreneurship and Solidarity Economics, 1–26. IGI Global, 2016. http://dx.doi.org/10.4018/978-1-5225-0097-1.ch001.
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Entrepreneurship analyzes a very wide field of study and, at the same time, it converges with many topics, including the characteristics of entrepreneur, conditions that favor entrepreneurship, resources and funding sources, legislation, family businesses, succession protocols, learning and teaching of creating enterprise, and typologies of entrepreneurship. Social entrepreneurship is characterized by its input in creating value, and given the activities carried out by entrepreneurs, they have a big social impact, especially in communities and vulnerable groups but not exclusively, as many social entrepreneurial initiatives are forms of social benefit, and they do not circumscribe to particular conditions of vulnerability.
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Bassi, Andrea. "Investing in the future! Three case studies of social innovation in the Emilia-Romagna Early Childhood Education and Care services system." In Implementing Innovative Social Investment, 27–42. Policy Press, 2019. http://dx.doi.org/10.1332/policypress/9781447347828.003.0002.
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Taking evidence from three contrasting locations in the region of Emilia Romagna, Bassi demonstrates how high-quality early years provision is achieved through the co-creation and sharing of knowledge, expertise and experiences that are generated by innovative forms of public governance. A key success factor was a strong focus on continuing professional development activities organised in the form of ‘laboratories for social change’ – empowering early years professionals – rather than as top-down training. With regards to the financing of Social Investment, a significant lesson is the success of flexible combinations of different funding sources (public, philanthropic and private enterprise). This case study provides exemplary evidence of diversified provision, serving the needs of children and families within local communities and realised with a special focus on accessibility and economic sustainability.
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de Jong, Greta. "A World of Despair." In You Can't Eat Freedom. University of North Carolina Press, 2016. http://dx.doi.org/10.5149/northcarolina/9781469629308.003.0008.
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This chapter describes the impact of free market economic policies on rural development in the 1980s and 1990s. Seeking to end excessive government interference in the economy, President Ronald Reagan cut taxes, weakened civil rights enforcement, and reduced funding for social programs that served low-income Americans. Reagan believed that private enterprise and market forces were the most efficient mechanisms for creating wealth and distributing resources. Such policies failed to address the problems facing unemployed and poor people in the rural South. At the turn of the twentieth century, the region was still plagued by unemployment, poverty, inadequate health care, substandard housing, and out-migration.
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Liu, Chen. "Financing Social Enterprises." In Handbook of Research on Value Creation for Small and Micro Social Enterprises, 126–50. IGI Global, 2019. http://dx.doi.org/10.4018/978-1-5225-6298-6.ch007.
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This chapter discusses funding and financing issues of small and micro social enterprises (SEs) following a systematic approach. It conducts a systematic review of the SE financing literature and proposes a systematic model to examine the SE financing ecosystem. Specifically, the chapter discusses some traditional financing sources of SEs, including internal money, donations, government grants, and conventional debt and equity and examines SEs' advantage and challenges in securing financing using these traditional ways. To address the challenges of SE financing, this chapter proposes a systematic approach of solution and discusses some new and innovative sources of financing for SEs, such as the social impact bonds and the social venture capital. It then discusses crowdfunding and its best use for various types and stages of SEs. The chapter also suggests a list of future research ideas.
Conference papers on the topic "Social Enterprise Funding"
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Chreneková, Marcela, Adriána Klapková, and Veronika Svetlíková. "Potenciál rozvoja sociálneho podnikania v treťom sektore na Slovensku." In XXIII. mezinárodní kolokvium o regionálních vědách / 23rd International Colloquium on Regional Sciences. Brno: Masaryk University Press, 2020. http://dx.doi.org/10.5817/cz.muni.p210-9610-2020-56.
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The development of social entrepreneurship in Slovakia was accelerated by the adoption of a new law on its support in 2018. Most of the 123 registered social enterprises have the legal form of a business company, they are of integration enterprises type and the founders are mainly municipalities. Third sector organizations are not active enough in setting up social enterprises. The aim of the paper is to find out what are the barriers and potential for the development of social entrepreneurship in the third sector. Primary and secondary data sources were used in the work. The survey method was used for characteristic of social entrepreneurship, the awareness of municipalities and third sector organizations about the social economy and barriers to the establishment of social enterprises in third sector organizations. The biggest barrier to the development of social entrepreneurship in the third sector is unsystematic funding, the complexity of compliance with rules and regulations and the absence of mapping the needs of disadvantaged groups. There are 2 types of entities with the potential to establish a social enterprise, namely non-profit organizations providing services of general interest and civic associations. They are prerequisites for the establishment of a social enterprise because they employ a relatively high number of disadvantaged and vulnerable persons and are engaged in public benefit activities that can be the subject of generating profits in social enterprise. The awareness of third sector organizations about social entrepreneurship is much higher compared to municipalities, but they feel barriers to the establishment of a social enterprise.
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Dewanti, Sati Ratna, Dinar Rika Septyaningtyas, Dandy Yuliansyah, and Nindi Vaulia Puspita. "Financing Analysis of Loan-Based Crowd Funding on Medium Small Micro Enterprises." In 2nd Annual Conference on Social Science and Humanities (ANCOSH 2020). Paris, France: Atlantis Press, 2021. http://dx.doi.org/10.2991/assehr.k.210413.059.
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Bale, Inga, and Anita Auzina. "Social entrepreneurship as a tool for the development of non-government organization’s activities: a case study of the association "Oranzais stars"." In 21st International Scientific Conference "Economic Science for Rural Development 2020". Latvia University of Life Sciences and Technologies. Faculty of Economics and Social Development, 2020. http://dx.doi.org/10.22616/esrd.2020.53.016.
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In Latvia, de-institutionalization is gradually taking place, which is envisaged in the European Social Development Plan at the level of public policy. In Latvia, the non-governmental sector (NGO) sector is largely dependent on external funding. In addition, competition for external financing is increasing. One of the solutions to reduce the effect of external financing is to engage in economic activity. Social entrepreneurship is becoming increasingly popular in Latvia - a business model that allows economic activities to be carried out without losing the mission, goals and social impact of NGOs. Social entrepreneurship is a way of effectively addressing the concerns of different groups at risk of social exclusion, which can have a positive long-term impact on the development of both the city and society itself. Social entrepreneurship has the potential to solve various social problems, thus facilitating municipal work and reducing municipal budget expenditures. For municipalities, social enterprises are a tool for solving social problems, which allows them to solve social problems in the municipalities by using a trans-regional approach, without taking risks on investments, failure, changes in market demand. The aim of the study is to create scenarios for the development of NGO activities, using the example of Association “Oranzais stars” (Orange Ray). Main research methods used: monographic method, strategic analysis and planning methods - PEST, SWOT, VRIO matrix, scenario method. The main result of the methods applied in the thesis is the development of a suitable and sustainable business model as the society moves towards the implementation of social entrepreneurship.