Cultivate Essential startup Skills and key Business Disciplines for
social ventures to solve social issues and problems and
to bring social benefits and positive impacts to our community.

social venture is an undertaking by a firm or organization established by a social entrepreneur that seeks to provide systemic solutions to achieve a sustainable, social objective and to create social values.

Social ventures may be structured in many forms, including sole proprietors, for-profit and not-for-profit firms, non-governmental organizations, youth groups, community organizations, and more. Government organizations are not considered to be social ventures, yet even government organizations can adopt entrepreneurial practices, possibly partnering with independent organizations, to explore innovative methods for providing social services.

The distinguishing characteristic of the social venture versus the commercial venture is the primacy of their objective to solve social problems and provide social benefits.

The social venture may generate profits, but that is not its primary focus. Rather profits are a possible means to achieve sustainability in providing a social benefit.

The problems addressed by social ventures cover the range of social issues, including poverty, inequality, education, the environment, and economic development. The context in which social ventures operate is very complex as they are trying to bring about solutions where markets or governments may have failed or actually impede solutions. Further, these ventures are trying to provide solutions where money is usually in short supply—often these ventures have little assurance that their services can be paid for by those they seek to serve.

These conditions necessitate that the social entrepreneur must be creative, adaptable, and determined in finding new solutions to problems.