The Impact Of Social Enterprises!

by sirseon Posted on

This training module will allow learners to understand the functional difference between typical enterprise and Social Enterprise and fully understand why the Social Enterprises benefit society and in which ways.

Purpose

This training module aims to present the benefits and the importance of measuring the impact of Social Enterprises.
Learning Outcomes
The learning outcomes of this training module can be categorized as following:

Knowledge:

  • The importance of Social Enterprises

  • The Impact of Social Enterprises in Society

 Skills:

  • How a social enterprise benefits marginalized people or people who belong to vulnerable groups

Competences:

  •  Describe how a social enterprise affects the society and vulnerable people’s needs.

Keywords

Here are the key points / keywords which highlight the main items of interest from the module:

  • Social Enterprise

  • Social Impact

  • Vulnerable groups

    Main content of the section

    This section aims to highlight the benefits that a local community can enjoy, from the presence of Social Enterprises and how this can be counted in order to help them monitor their progress and attract funding.
    For any successful enterprise, it is needed to count the outcomes, so does happen with social entrepreneurship. This can happen via monitoring the social impact. The monitoring procedure (In the beginning) and the evaluation which will follow, are useful for comparing the progress of the Social Enterprise with itself in the future. In this way, faults in the procedures can be identified and improvements in the working procedures can be done. Another use of thisinformation can be used for making the masses aware of the implemented actions and the benefits that society enjoys. Finally, measuring the impact of a Social Enterprise can help in the sponsors venture and access easier related funding.

    The social economy sector has introduced new concepts to the economy, such as social impact that is another dimension of it and concerns social entrepreneurship.
    So for the social impact there are many definitions and views, for some economists, concern the value caused as a result of the business activities, for others is the value experienced by members and all parties involved, while the view is also expressed that the impact includes both positive and negative effects.