Social EntrepreneurshipMohammed H. Alafifi

Agenda

• What is Entrepreneurship• Entrepreneurs• Types of Entrepreneurship • Social Entrepreneurship

– VS NGOs– VS Business

• How to be a Social Entrepreneur• Recommendations

84 .mohafifi @Hotmail com /malafifi /in/malafifi @malafifi mohafifi84

Mohammed H. Alafifi •MSc in Computer Engineering from VUB•Academic Lecturer in the University College of Applied Sciences in Entrepreneurship and E-Commerce•Trainer in Entrepreneurship and Freelancing•E-Marketer, SEO, SEM

• EntrepreneurshipEntrepreneurship is the process of  is the process of designing, launching, and running a new designing, launching, and running a new businessbusiness

Entrepreneurs

• Entrepreneurs are:– Problem solvers– Service providers

Types of Entrepreneurship

Social Entrepreneurship

• The attempt to draw upon business techniques and private sector approaches to find solutions to social, cultural or environmental problems.

Social Entrepreneur

• “Social Entrepreneur is a passionate individual embarked on a journey to solve identified social problem in an entrepreneurial way”.

• Social Entrepreneur applies for-profit business principles to solving social problem, by balancing financial sustainability and social impact in a seamless way.

J. Gregory Dees

Social Entrepreneurship = Social Reform

Social Activist vs. Social Entrepreneur

Business vs. Social Entrepreneurship

Example

How to be a Social Entrepreneur

• PassionatePassionate– Are you possessed by the idea, and can you

communicate it to others?• PracticalPractical

– Are you resourceful, innovative and creative?• PersistentPersistent

– Are you prepared to make mistakes and keep saying: “It can be done”?

Recommendations

• Establish Social Incubators or provide a quota for the social projects.

Recommendations

• Adopt a strategy to support social entrepreneurs as a mean to solve economic and social problems in Palestine.

• Increase the awareness of local NGOs about the “self-sustainability” and how to increase their own funds.

Recommendations

• Measure the success of any social project with how sustainable it is.

• Provide initiatives for both individuals and NGOs to apply for social entrepreneurship programs.

Questions

References

• GESR• http://nahdetelmahrousa.org/• http://www.sosense.org/the-finance-paradoxon-for-social-

enterprises/• http://mhebbar.com/social-entrepreneur-definition/• http://www.slideshare.net/CiscoIBSG/the-business-of-social-

entrepreneurship• Social Entrepreneurship and the sustainability Challenge• Wamda: Difference between social entrepreneur and social

activist• Hasoub Academy