What is Social Enterprise?
A Social Enterprise is a business that combines social impact with economic activity. Social enterprises seek to maximise profits while maximising benefits to society and the environment. Their profits are principally used to fund social programs. These businesses are driven by a social/environmental mission and reinvest profits into creating positive social change.
Social Enterprise Connect is an exciting new Community of Practice (CoP) for social entrepreneurs in South Africa. The CoP was born out of a partnership between Social Enterprise Academy Africa (SEAA) and the Industrial Development Corporation (IDC).