Social Impact BlogShowing posts in Critical Success Factors
During the August 7 presentation at SocialVentures’ annual Positioned to Prosper event, Allen Proctor announced that Social Ventures Fund has made its first investment in Roosevelt Coffee Roasters. Social Ventures Fund, LLC lent $50,000 to Roosevelt Coffee, LLC. Kenny Sipes, Founder of The Roosevelt Coffeehouse, came to the stage to talk about his new business […]
Eddie Rapp founded Fairhaven Lawn Care in 2008 to provide jobs and housing to the homeless in Lancaster. Four years later he launched Patriot Pride Painting Co. to do the same for homeless veterans. Fairhaven provides residential and commercial lawn care throughout Central Ohio and Patriot Pride provides residential and commercial interior and exterior painting […]
Talking about social enterprise and social impact is getting confusing because the words are being used to apply to any business that is good. We define social enterprises as businesses that intentionally integrate social impact as a non-negotiable component of their business model through the people they employ or the social missions they support
Pearl Interactive Network operates, staffs, or manages call centers for Federal agencies and prime contractors. It gives hiring priority to skilled and talented disabled veterans, veterans, military spouses, and the disabled. When Merry Korn founded Pearl Interactive network in 2004 as a for-profit social enterprise, the concept of basing a for-profit business on the creation […]
Two recent studies highlight the generational gap which social entrepreneurs face. Demand for social enterprises’ goods and services is concentrated in the millennial generation while the capital to build their businesses is concentrated in the baby boom generation.
In 2009, Sean Black and Marvin Green came together while working for a home health care business, whose client base comprised of individuals with developmental disabilities. Within this community behavioral issues can be common, with medications often being the go-to solution to manage clients’ behavior. Green noticed shortcomings one of his clients was experiencing due […]
Aslyne Rodriguez and Jerry Tsai recently launched EmpowerBus, a social enterprise that is addressing the income gap in Central Ohio by providing reliable, on-time transportation for unskilled workers in the Morse Road corridor to the employers outside the beltway who are having difficulty finding enough reliable employees. They call it “creating corridors to employment and […]
Claire Coder is a remarkable entrepreneur: She launched her second startup at age 19, has relied heavily on social media and reality TV to build awareness of her product, and is on the cutting edge of a movement shared with a national foundation founded by local entrepreneur Nancy Kramer. Aunt Flow, whose tagline is “Helping […]
Double Comfort Restaurant was a popular spot in the Short North for great southern comfort food and a great drink. Founded in 2014 as a social enterprise, its Buy a Meal, Give a Meal® concept provided over 95,000 meals through local food pantries before it closed in Spring 2017. Social entrepreneur and founder Mary Lyski […]
The judges for our recent social enterprise awards program were drawn to those social enterprises that excelled in the transparency and public representation of their social impact. This facet of their work merits recognition because too many social enterprises tell a very weak story about their social impact or fail to tell the impact story at all.