5 Tips to Fund Your Social Enterprise

httpvh://www.youtube.com/watch?v=Oc6-HhKST3o

In starting up your own social enterprise or to venture in social entrepreneurship, you are sure to come across a particular issue, and that issue is funding.

5 Ideas to Help You Fund Your Startup Social Enterprise

Funding can be a challenge for many social entrepreneurs wanting to start up their enterprise and there are a number of sources for you to get that funding.

Searching for grant funding from donors Investors, e.g. angel investors Venture capital firms or social venture capital firms Your own Seed capital that you save up Family or close friends Challenges with Personal and External Funding Sources

From these sources sometimes the personal sources (such as your own seed capital or from family or friends), can be quite small and restrictive and so going outside for sources is maybe your best option. Seeking out …

Queen Approves Social Enterprises

In a royal show of support of social enterprises and social entrepreneurship, Queen Elizabeth II said in a recent speech:

‘The role of social enterprises, charities and cooperatives in our public services will be enhanced.’

As a result of this speech, the reputation of social enterprises have been boosted through the Queen’s approval of them to improve social impact. Being a relatively new field of entrepreneurial venture, this is very much welcomed.

You can read up more on her speech in the article by Chrisanthi Giotis, over at Social Enterprise Live.

But there is much more to go beyond the mere words of the Queen.

More Support Needed for Social Enterprises

According to the CEO of the Social Enterprise Coalition Peter Holbrook:

‘The next step is to work with the new government to help them realise their ambitions in a way that is …

How to Overcome Failure as a Social Entrepreneur

httpvh://www.youtube.com/watch?v=nc1ntv567BE

“Failure.”

A word which strikes fear in the hearts of many.

But failure is something that we as social entrepreneurs must face in almost all business ideas. Failure itself is an aspect that we must face again and again and again, on our paths to success.

Personal Experiences with ‘Failure’

A few days ago I actually applied for a number of funding grants, for positions, for opportunities on my own personal social entrepreneurial journey and I can tell you, being rejected or facing ‘failures,’ it can hurt sometimes.

But we must overcome it.

A Clear Vision Gives You Motivation to Continue Forward

And to overcome it, you know what I did and what can help you, is to always be clear about what you’re working towards.

Be clear about your vision and your goal and …

Overcoming Bureaucracy as a Social Entrepreneur

httpvh://www.youtube.com/watch?v=RpTEqMlEHSg

The problem of many larger social and environmental organizations is the problem of bureaucracy that stops good business ideas from happening.

Bureaucracy, Barriers & Excessive Procedures

Now larger social and environment organisations often have this challenge because of the systems that they have in place. Often those systems are there to ensure a control of corruption, to ensure a control on finances, to ensure a control on the quality of the products and services provided, among many other reasons.

While there are benefits to having the procedures in place, at times it can choke and suffocate an organization from becoming innovative.

Social Entrepreneurship: Starting Up Your Innovative Ideas

Now social entrepreneurship is one interesting cure for bureaucracy.

If you yourself are working for a larger organization and facing lot of ‘red tape’ in order to get meaningful results and …

Social Entrepreneurship Within Your Current Organization

httpvh://www.youtube.com/watch?v=BsB6rtrnCMI

Entrepreneurship is a term often associated with the idea of a person or a group of people going out there in the world to use their innovation and ideas to create a system which makes a profit, produces results, creates jobs and succeeds. It can also refer to the use of social networking for business ideas that are for the greater good.

But is it possible for someone, an employee for instance to tap into that entrepreneurial spirit even though they work inside a larger organisation?

Apparently it can.

Social Intrapreneurship Vs Social Entrepreneurship

I came across an interesting word a few days ago and it was ‘intrapreneurship’ and I like to look at that word in context of social entrepreneurs and social enterprises.

Now intrapreneurship is the idea that an employee within a larger organisation can actually …

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