Social entrepreneurship definition

social entrepreneurship
(ˈsəʊʃəl ˌɒntrəprəˈnɜːʃɪp)

A social enterprise combines entrepreneurial activity with a social purpose. Its main aim is to have a social impact, rather than maximise profit for owners or shareholders. Businesses providing social services and/or goods and services to vulnerable persons are a typical example of social enterprise.

Source: European Commission, Export group on Social Entrepreneurship

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