A Social Enterprise Venture (SEV) is defined as an organization,
initiative or startup that has a strong social innovation
characteristic focusing on a scalable and sustainable social wealth
creation or sustainable living at the individual or community
level. Most books that deal with SEVs, unfortunately still focus on
non-profits. Current market trends indicate non-profits need more
sustainable funding mechanisms for survival. This book focuses on
the growing need to build a business with purpose.With the growing
role of the private sector in the development arena, as highlighted
by the UN Sustainable Development Goals, all firms need to relook
entrepreneurship from a 'business-with-purpose' lens. The fact that
venture capitalists/private equity firms are acquiring social
ventures (like Bain Capital and TOMS), or that SEVs are being
divested (L'Oreal and Body Shop), reinforces the need to understand
which business models work. One of the biggest barriers for growth
of SEVs is scalability and internationalization. This book fills
the present gap between research and practice; and the non-profits
and for-profit worlds.
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