Understanding Social Enterprise
This course is designed to help students learn how to launch and scale social enterprises. Using business as a force for good, social entrepreneurs implement innovative private sector approaches to solve social, cultural and/or environmental problems. Surviving start-up and scaling to maximize impact is an art, science and emotional journey, especially when attempted without investors. Statistics show that approximately 4% of small businesses surpass $1 million in revenues, while only 0.4% surpass $10 million. The course begins by exploring methods and motivations of Certified B Corporations and draws upon the real-life successes and challenges faced by social entrepreneurs. Students will complete several activities and projects to simulate the launching and scaling of their own social enterprises and should leave the course empowered with the tools, knowledge and depth of vulnerability involved with building a successful organization.