What criteria do we need to be called a Social Enterprise? The Social Enterprise of Canada states that “Social enterprises are businesses owned by nonprofit organizations, that are directly involved in the production and/or selling of goods and services for the blended purpose of generating income and achieving social, cultural, and/or environmental aims. Social enterprises are one more tool for non-profits to use to meet their mission to contribute to healthy communities.”[i]
An example would be Salem’s Ethiopia, an enterprise that focuses towards giving back to the community by having “fair returns for employees and co-op partners”[ii]. While providing these fair returns Salem’s Ethiopia is maintaining Ethiopian culture by preserving their fine jewelry and accessories. I find the idea of preservation quite appealing as it encourages the craftspeople to work effectively and work towards a change in Ethiopia.
To view the website click on the following link: http://salemsethiopia.com/
[i] Meaning of social enterprise, Enterprising Non-Profit: http://www.enterprisingnonprofits.ca/what-social-enterprise
[ii] Salem’s Ethiopia: http://salemsethiopia.com/index.html