New legal entity a good fit for markets
publication date: Mar 1, 2012
The social enterprise designation is often used by entrepreneurs as a way to define either non-profit or for-profit corporations that are intent upon achieving a “multiple bottom line.” The social entrepreneur either adds social good to the for-profit model, or develops income streams outside of grants or donations to the non-profit corporation. Thus, a social enterprise requires an earned income stream (such as stall fees or merchandise sales) that is then invested in the common good, such as advocating for farmers or building local economic activity.
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