A social enterprise is an organization that applies commercial strategies to maximize improvements in human and environmental well-being—this may include maximizing social impact alongside profits for external shareholders. WikipediaToday, while not a new concept, social-entrepreneurship or social enterprises are becoming increasingly popular. This concept is recognized in the global community as "Triple-Bottom-Line"...people, planet and profits.
If looked at through an 'entrepreneurial lens', social ventures create opportunity for the social-entrepreneur to launch a business or real estate development that not only generates profits but alleviates a social problem.
This shift in activity from the public domain of governments, nonprofits and philanthropy to the private sector sets in motion a virtuous cycle of more profits to solve more problems! This form of social-wealth creation ultimately lowers government expenses and taxpayer costs! Value Creation: The incremental value created when converting an existing enterprise, asset or sponsoring a new social venture can be substantial.
Social-ventures become an alternative to current ineffective and enormously wasteful public sector initiatives. |
NxGen Social Enterprise ServicesNxGen Wealth Management works with social-entrepreneurs and organizations to craft new (and 'retrofit' outdated) social-service-mission-statements to address capitalization and undervaluation constraints due to the emerging socio-economic trends and climate changes.
Unique is our ability to help 'redefine' a firm's 'statement of purpose' into a social, economic or environmental mission-statement. We provide new perspectives for creating social ventures that can increase investment returns to investors, philanthropists, corporate sponsors, lenders and grant providers. Blending philanthropic dollars with entrepreneurial activity to deploy social-investment capital is an excellent way to seed-fund social ventures. |