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Social Entrepreneurship

The act of creating, organizing and managing an income-earning venture to serve an explicit social purpose. The primary mission of a socially entrepreneurial organization is to create value that benefits the health and well-being of individuals, society, or the natural environment, rather than to create wealth for shareholders. Social entrepreneurs draw upon principles and best practices developed in both the traditional business and non-profit worlds. Venture philanthropists and social venture funds are often sources of financial support for social entrepreneurs.

Explore Other SDG Vocabulary

SDG Indicators

SDG Indicators

To monitor the progress of the Sustainable Development Goals, a way of measuring progress is needed. An SDG Indicator is the element that is measured. Example: if the goal is to en...

Self-Regulating System

Self-Regulating System

A complex system that regulates its own performance so that it never gets too far off-balance and can bring itself back into homeostasis.

Service Ecology

Service Ecology

A system of interactions and actors that, together, create a sustainable and successful service or experience. Service Ecologies often include several companies or organizations th...