For entrepreneurs whose end-goals are more encompassing than simply making profits, social entrepreneurship can fill a deep desire to help those in need. Helping others and making a profit need not be mutually exclusive.
Consumers are receptive to companies who practice social responsibility. Social Entrepreneurship combines both making money for your business and giving back to communities. Many new businesses have incorporated a philanthropic approach into their business models and it seems to be working. These companies maximize profits by helping, rather than harming their communities.
While the work involved in running a startup company that gives back to communities may be more work than your traditional startup, consumer trends show that the payoff could be worth it in the end.
A customized collection of grant news from foundations and the federal government from around the Web.
Rivaayat is an initiative by Shri Ram College of Commerce, Delhi to revive various dying art form and solve innumerable problems faced by the artisans. Rivaayat began with reviving a 20,000-year-old art form of pottery that is a means of survival for 600 families residing in Uttam Nagar, Delhi.