In 2005, I took a strategic decision. Much as I loved surgery, I shifted my focus to Tuberculosis, (TB). While I faced criticism and jeers from my colleagues and other NGOs, I quickly realized my next challenge. In order to deliver crucial, life changing services – TB or otherwise – one has to work with the government.
Trends in social entrepreneurship
We begin 2012 with an overview of key developments in social entrepreneurship in 2011. As we scan the landscape we note four key findings of 2011 as the field continues to mature. The underlying trends continue to point to the idea that everyone can be responsible for advancing change and impact. This is manifested in the way we are seeing a continued democratization of the movement, a growing emergence of a new demographic of changemakers and discovery that collaboration and peer-to-peer networks continues to be on the rise.
1. An Uptick in Blended Funding Solutions for Social Entrepreneurs
Fact: Social enterprises (SEs) simply cannot be carried by a single source of funding. They need to look at different ways of blending capital to create the largest social impact. SEs are becoming more resourceful in the way they seek funding, and some of the most successful enterprises are using a range of capital sources: seed funding and impact investments, to government grants and CSR funds.