Monday, September 23, 2013

#3/10 - Social Enterprise - Start with Heart and add Head and Hands...

One of the goals of the course in Entrepreneurship is the expand the view of entrepreneurs/hip that students have at the start and truly explore the wide range of applications of entrepreneurship.  One of my favorite forms is social entrepreneurship as it combines doing well by doing good.  We start with identifying issues that students care about...access to education, social inclusion, child welfare, environment, corruption, and others and we identify skill sets they may have that can combine for unique social enterprise opportunities.

Example:  Heart - I care about children's issues as I have done many volunteer actions to aid youth since I was a teen myself.  Head and Hands - I have skills in resource management, teaching and organization.

For this idea assignment I can generate ideas that combine these two what I care about plus what I am good at to come up with some possible business opportunities or research existing ideas with that same combination in mind.

1. KOTO - A vietnamese social enterprise that connects disadvantaged youth with culinary training.  KOTO stands for "Know One, Teach One" (Australia-Vietnam)

2. Teach Twice - A social enterprise founded by college students which creates and sells books written by citizens of communities in need around the globe.  Then parents buy these books to read to their children and then in doing so funds schools and education in the communities of the books origin.  Read more about the founders and the project here. (USA)

3. Excite-ed - Teaches technology to youth and engages them in learning and creating apps so that both the process and the products benefit 7-18 year old members of the apps clubs and the prepares them with skills needed in the future. (UK)

Maybe one of these stories will inspire students to turn their own expertise in to a giving and gaining opportunitity for themselves and their communities in the double or triple bottom line fashion of a social venture.


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