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June 2015

Ensuring the End User is at the Core of a Business Model: Why I Chose to Be a Social Enterprise

Dr. Parveez Ubed's picture

There is a perfect start, there is a less than perfect start and there is an imperfect start. As a social entrepreneur, the thing I have learned is that it pays to START- even if it’s less than perfect or imperfect.

So, there I was, I had left my job, had no savings, but kept people like Bonti in my mind. But, I had no idea how, or even where to start. 

Eye Research Center (ERC) Eye Care was officially founded in the summer of 2011. With the generous help of my mother, we were just one clinic – in her kitchen – in the heart of the city. Although we had a strong mission, we quickly realized that to the outside world, there was nothing to differentiate us from other ophthalmic clinics spread across the city. But what exactly was ERC Eye Care? We had initially set it up as a sole proprietorship, as it was the cheapest and easiest registration process, but we weren’t strictly a for-profit business. Were we a NGO? Or were we something else entirely?

eLearning for Social Enterprises: Lessons from the DM Pilot

Cristina Navarrete Moreno's picture

Earlier this year, the World Bank Group Leadership, Learning and Innovation vice presidency’s Development Marketplace program piloted its first eLearning course for social enterprises, “Innovative Business Models for Better Impact.” The course was developed by the DM in collaboration with the Global Social Benefit Institute (GSBI) of Santa Clara University. The goal was to strengthen the capacity of social enterprises and NGOs to develop and implement business models that improve social services to poor populations in order to scale.