Author Abha Karna Publish date : 3rd October 2020
The entrepreneurship which is approach by individuals, groups, start-up companies or entrepreneurs where they can develop, fund and implement solutions to social, cultural and environmental issues can be called as Social Entrepreneurship.
Social Entrepreneurship is in just beginning stage in Nepal. Social Enterprises are ready to face hurdles whenever the business environment is unfavourable. There are some social enterprises in Nepal and they are:
We all know that, Nepal is a developing country and people are struggling with a lot of problems. So our community needs a social change in every sector like education, health etc. Now days, there is necessity for change demands rises of social entrepreneurs.
The importances of social Entrepreneurship are as follows:
Some Opportunities for young entrepreneurs are as follows:
The growth of social entrepreneurship in Nepal
Nepal is developing country where Social entrepreneurship can sets certain goals for organization and helps in implementing solutions to the problems in society and for society. Social Enterprises not only limited to societal issues but social enterprises can also be cultural and environmental too. Social Entrepreneurship impacts people’s lives in one way or in another way though Social Enterprises are non-profit. As we know some of the social enterprises are successful financially which let them to hire the best calibers. The growth in social entrepreneurship in Nepal helps every unemployed people to get job as we know in Nepal poverty rate is high. Social entrepreneurship in Nepal tries to transform entrepreneurial ideas into business projects to face the issues in society.
Characteristics of Social Entrepreneurship
There are three main aims of social entrepreneurship and they are economic, environmental and social which helps to evaluate the social enterprise’s performance and we can understand that profit is not only the sole objective of the organization or any kind of business.
Advantages of Social Entrepreneurship are as given below:
Disadvantages of social entrepreneurship are as follows: