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What is a Social Enterprise?
A social enterprise is a social business with specific social objectives. Social Enterprises seek to maximize profits while mazimizing benefits to society. The profits are principally used to fund social programs.
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Key Elements of Social Enterprise:
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Unlike a charity, social enterprise pursue general revenue
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Funding for social enterprise is often obtained by selling goods and services
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Preference is given to job seekers from at-risk communities
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Social enterprise invites investors who have a social commitment
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