While social enterprise is a relatively new concept for much of the mainstream business community, it’s one that is sure to become widespread and endure. That’s why Memorial University is leading the charge when it comes to arming its business graduates with the necessary tools to become the next generation of social entrepreneurs.
A social enterprise is typically defined as one that seeks to achieve social, cultural or environmental goals through the sale of goods and services. They can be for-profit or not-for-profit with profits being directed toward achieving those social objectives. The social enterprise business model is one that is growing, and it’s changing the way business leaders see the future of doing business.