Topic 2 What is Social Entrepreneurship

Social entrepreneurship is based on the concept of social innovation. However, it also incorporates entrepreneurship principles into a business model.

Therefore, social entrepreneurship seeks to identify social problems and by utilising entrepreneurial processes and operations, achieve social change.

Social entrepreneurs often start by identifying a social problem they want to address. The next step, is to recognise what business plan they could create that in turn positively impact a social issue.