Social entrepreneurship and networking, a tool for founders

Social entrepreneurship is a solution for several world’s pressing problems. The goal of organizations and businesses that enter the category “social entrepreneurship” is to positively contribute to societal progress, whether it is through the environment, health, education, or even integration. Unlike traditional companies, social entrepreneurship seeks to have a positive social impact. 

Who becomes a social entrepreneur?

Behind every social business are individuals who embark on entrepreneurial activities from various backgrounds. They often share a strong passion for social change and the desire to address societal challenges. This is why social businesses that fall in the category of social entrepreneurship can be part of different sectors, including tech. The Social Entrepreneurship Network Austria measures the role of this type of business in the country, to contribute to their path. 

Drivers behind social entrepreneurship

 

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Social issues: many social entrepreneurs are driven by the need to respond to existing social problems or injustices. They identify a gap or challenge within society and aim to enact positive changes through their entrepreneurial efforts.

Personal experiences: Some social entrepreneurs are motivated by their own experiences with social challenges, whether through personal or familial circumstances. These experiences inspire them to actively seek change.

Ethics and values: the belief that businesses have a responsibility towards society motivates some social entrepreneurs. They operate from an ethical framework and view their entrepreneurial activities as a means to promote social justice and positive impacts.

Challenges faced by social entrepreneurs

Social entrepreneurs can face many challenges: from complications in finding funding opportunities to burnout because of excess caring of their mission and even networking. In the fast-paced world of social entrepreneurship, entrepreneurs need a community that can help them. Many resources are available for this: from accelerator programs to skills programs and even memberships that allow them to be in touch with like-minded people. 

An option for finding a community that supports social entrepreneurs is the Founder’s Pass. This membership created by Impact Hub Vienna, acts as a platform for social founders and startups who want to scale their business and their positive impact. The Founder’s Pass gives access to a dedicated network with other founders and investors, through masterclasses, fireside chats, masterminds, and special events.

 

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