There are several individuals and institutions investing their capital in businesses that are creating social change–and these basic questions that they typically ask might help if you are a social entrepreneur.
Understanding the mentorship model at Villgro, selection process and the state of Impact Investment in India in an interaction with Ullas Marar from Villgro
World is simmering with challenges- climate change, income inequality, social injustice and depravity. Social entrepreneurship with its philosophy of sustainable & inclusive development and positive social impact is what the world needs.
The present day, heavily theoretical, evaluation-centric education system in India hardly puts any emphasis on problem solving. If we really want the future generations to uplift our country from the multitude of socio-economic and environmental ills plaguing it, we need to educate them about these problems and encourage them to come up with solutions. Why not start in high school?
Unemployment affects several sections of the society from the educated youth to the communities at the Bottom of the pyramid. It needs to be addressed at various levels through innovative social entrepreneurial models that rely on creation of jobs, livelihood opportunities and financial inclusion.
In the era of innovation and disruptive thinking, solving the myriad complex socio-economic problems of our country need to be looked into from the point of view of Profit with a Purpose Social Entrepreneurial model. But are our new-generation business management graduates ready to take it up as a career? The answer is not very encouraging as of now but the future holds promise. Read to know why.
Impact investors and startup incubators nurture social innovations into scalable ventures. Visual Storytelling can help them unite their vision with that of their investees’ mission to convey social change to a broad variety of people. All it needs is the incubators to understand this and bring it to life.