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Social entrepreneurship: Getting the definitions right ...
Filed in archive Social Enterprise by Editor on January 8, 2007
Social entrepreneurship: Getting the definitions right ...
The Institute for Social Entrepreneurs has a great listing of definitions, 22 in all, of words and phrases that frequently come up when discussing social entrepreneurship. See here for the list.

Social enterprise: Any organization, in any sector, that uses earned income strategies to pursue a double bottom line or a triple bottom line, either alone (as a social sector business) or as part of a mixed revenue stream that includes charitable contributions and public sector subsidies.

Social entrepreneur: Any person, in any sector, who runs a social enterprise.

Social entrepreneurship: The art of simultaneously pursuing both a financial and a social return on investment (the double bottom line).

Social sector business: A business designed to directly address a social need and simultaneously make a profit through earned income alone, regardless of whether it is structured as a for-profit or nonprofit entity.


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