Janice Bogner, Senior Program Officer, The Health Foundation of Greater Cincinnati
Suzanne Steffens, Senior Consultant, Community Wealth Ventures, Inc.
During the economic downturn, America’s social sector organizations are rising to the challenge. One way in which organizations are investing in a more sustainable future is through social enterprise. The Social Enterprise Alliance (2009) defines a social enterprise as “an organization or venture that achieves its primary social or environmental mission using business methods.” According to a recent survey, 54 percent of social sector organizations today now operate a social enterprise (Center for the Advancement of Social Entrepreneurship et al. 2008). As proof that many of these organizations see social enterprise as a path to longerterm sustainability, 60 percent indicate that they plan to launch another social enterprise in the next three to five years
7/13/2009 — 228KB