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Social Enterprise During an Economic Downturn

  • Broadcast in Business
Jon Hansen

Jon Hansen

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The term "social enterprise" refers to business ventures operated by non-profits, whether they are societies, charities, or co-operatives. These businesses sell goods or provide services in the market for the purpose of creating a blended return on investment, both financial and social. Their profits are returned to the business or to a social purpose, rather than maximizing profits to shareholders (Source: enterprising non-profits, www.enterprisingnonprofits.ca). Given the current economic climate, what is the impact on these organizations who deliver products and services under a non-profit model? Our guests, which include enterprising non-profits David LePage will discuss the role these socially conscientious organizations play in an increasingly complex global market in which simple survival for many "profit-centric" companies has become a priority.

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