Before discussing this question, I want to first talk about what the Arc and social enterprise are. Arc is a Sauder Program that builds local business management and leadership capacity. Also it is a program that promotes a two-way flow of learning and sharing. Social enterprise applies commercial strategies to maximize improvements in human and environmental well-being. After knowing the definitions of the Arc and social enterprise, we can know that they are different from just funding to some places or firms. BUT why we need the Arc or social enterprise if the United Nations was fully funded? To me, the reason is:
Although enterprises have enough money, they don’t have sufficient knowledge to utilize it efficiently, which is the fact mentioned in the article “Upward Arc”. In order to run a business, owners have to know how to manage their money, their workers and their ideas. Arc can provide the opportunity to access professional knowledge.
In China, there is an old proverb: Give a man a fish and you feed him for a day. Teach him how to fish and you feed him for a lifetime. This sentence is appropriate in this situation since funding a firm or a place can only let people there use for a short time, but teaching them how to use these money can let them make profit by themselves later.
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