What is Social Entrepreneurship?

A definition of Social Entrepreneurship

“Social entrepreneurship is an approach by individuals or groups to develop, fund, and implement solutions to social, cultural, or environmental issues and make a positive, sustainable impact.”

Social Entrepreneurship in Business Glossary - What is a Social Entrepreneurship?

Business Glossary > What is Social Entrepreneurship?


Examples of Social Entrepreneurship in a Sentence:

Social entrepreneurship is crucial for addressing social problems.

Many universities offer programs in social entrepreneurship.

Social entrepreneurship can drive change in underdeveloped regions.

Why is Social Entrepreneurship Important in Business?

Social entrepreneurship matters because it leverages innovative approaches to solve pressing societal challenges, creating pathways for sustainable development and improvement. It combines the passion for a social mission with business innovation to address inefficiencies in the system.

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Associated Terms

Here are some associated business terms and synonyms for “Social Entrepreneurship”:

  • Social Enterprise
  • Impact Entrepreneurship
  • Mission-driven Business

Grameen Bank as a Social Enterprise

Grameen Bank, founded by Muhammad Yunus, is a groundbreaking example of social entrepreneurship. It was established to provide microloans to the impoverished in Bangladesh, empowering them to build self-sufficiency. The bank has transformed lives and inspired a global movement in social finance.

Final Notes on Social Entrepreneurship

When considering social entrepreneurship, it is essential to focus on scaling impact rather than profit. Entrepreneurs should evaluate the social value being created and ensure alignment with sustainable practices for long-term success.


This has been a definition of Social Entrepreneurship meaning.

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