“The Case for More Social Entrepreneurship” says that the public now pay more and more attention to social enterprise. An increasing number of social entrepreneurs emerge in BC and they start to assume the obligation as charities do. Currently, most of the social enterprise businesses in BC are community-focused and they “get the predominant percentage of its revenue via earned income through a market service, while the remaining percentage is generated through more conventional charitable means (such as fundraising, grants and donations).” However, social enterprise business is still more sustainable than a traditional charity is.
The government and society should give more support to social entrepreneurs because their non-profit businesses face with more financial pressure and risks, compared to a traditional business. Instead of donating money to a charity, it might be a better choice for people or philanthropist to invest in social enterprise as the business can sustain itself and eventually create more social returns. Furthermore, post-secondary institutions such as Sauder School of Business have started their Social Entrepreneurship Program, meaning that more well-educated social entrepreneurs will devote their enthusiasm to make a better world.
Reference:
http://www.bcbusinessonline.ca/charity-and-philanthropy/case-more-social-entrepreneurship?#featurelist