social entrepreneurship ideas

Social Entrepreneurship Ideas

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Social Entrepreneurship Ideas
Front view of young mixed race business people sitting at table in seminar

16 Social Entrepreneurship Ideas

Social entrepreneurship ideas usually result from a desire to solve social needs. It is comparable to how many non-profit and charity organizations find their beginning.

Conventional business ideas can also come from recognizing a social need. However, the difference between a traditional business idea and a social enterprise idea is the motivation of the entrepreneur. The primary motivation for a conventional entrepreneur is the desire to make money. In contrast, a social entrepreneur is driven more by a passion for solving social problems and only prefers to use business as a mechanism to solve these problems.

The social enterprise is a dynamic, ethical and more sustainable way of doing business. Social enterprises are independent and innovative organizations that exist to deliver some particular social and environmental mission. Therefore you are in the right place if you’re looking for some social business ideas.

There are various ways you can go about searching for social entrepreneurship ideas. Seeing examples of social enterprise is the best way to get inspired for what you may want to create! We have composed a list of the most innovative social entrepreneurship ideas below.

  1. Tech Hubs in Local Communities
  2. Sustainable Purified Water
  3. Social supermarket: Social entrepreneurship ideas
  4. Using Textbooks for Social Change
  5. Micro-Lending as a social entrepreneurship ideas
  6. Social Crowdfunding: Social entrepreneurship ideas
  7. Building Socially Conscious Online Marketplace
  8. Building Micro Power Generation
  9. Cooking/Baking For a Social Cause
  10. Build Efficient Wood Stoves for Women in Developing World
  11. Outstanding Educational Travel Company
  12. Employ Exercise Equipment For Social Outreach
  13. Create a Marketplace for Social Products
  14. Create Educational Books: Social entrepreneurship ideas
  15. Sell Beauty Products to Support Social Missions
  16. Food Company for Philanthropy
  • Tech Hubs in Local Communities

Technology is the driver of the 21st century and people who have tech-related skills are well paid. Hence, it is crucial to develop individuals with tech skills to build our society. By establishing a tech hub, you’re building a community of people who will be self-employed and make income for their communities. Such individuals may go on to be the lifesavers of their community in future. 

  • Sustainable Purified Water

This social entrepreneurship idea involves the building of small water purification stations in rural communities in developing countries using off-the-shelf products. The initial funds to build such purified water station can come through debt/equity financing or from regular charitable methods. The communities can be the partial owners or full owners when using the cooperative business model. The operational costs to maintain and staff the water station should come from the sale of clean water to its beneficiaries. The water should cost almost nothing for the recipients and near break-even levels to the organisation.

  • Social supermarket: Social entrepreneurship ideas

This social enterprises idea involves the creation of a food market that sells food to low-income communities at a discounted price. Discounted food is purchased cheaply or donated by other supermarkets or large food suppliers, who cannot sell the food themselves for some reasons such as dented cans, approaching expiry dates, and product mislabeling.

  • Using Textbooks for Social Change

This social entrepreneurship idea involves the collection of used textbooks from students and resale or redistribution to other students. Some partner with student clubs/groups collects used textbooks at the end of each semester from students who wish to donate their used books. Some of such textbooks are donated to school libraries in less developed societies or sold to students who cannot afford new textbooks. Sometimes the textbooks are given to outstanding students in need at underserved universities in developing countries. The revenue generated from the selling of such books are often retained for program administration costs, and any remaining funds are employed to support social programs in developing communities.

  • Micro-Lending as a social entrepreneurship ideas

One of the social entrepreneurship ideas is the micro-lending platform. It involves the creation of a platform for organizations or individuals to lend money straight to entrepreneurs who would contrarily not get funding, such as those in the developing countries. Charge a small amount to cover the operational costs. This social entrepreneurship idea helps underserved artisans sell their products to the world through a platform that makes it easy for them. It involves building and managing online stores for Artisans or creating listing platforms where artisans can connect face-to-face with buyers. Revenue is generated by either via a commission on goods sold, charging listing fees directly to the artisan, or built-in as a premium fee to the buyer. Profit made can be employed to fund social services that directly have an impact on the artisan communities.

  • Social Crowdfunding: Social entrepreneurship ideas

This social enterprises idea is centered on building a platform for social entrepreneurs to find groups of funders. It is a bit comparable to the Micro Lending platform. Still, lenders take a promise of something in the future in return for ‘donating’ some money to the Social Entrepreneur’s project today. A small amount is charged to cover the operational costs of the platform.

Read Importance of Entrepreneurial Mindset

  • Building Socially Conscious Online Marketplace 

This social entrepreneurship idea helps underserved artisans sell their products to the world through a platform that makes it easy for them. It involves building and managing online stores for Artisans or creating listing platforms where artisans can connect face-to-face with buyers. Revenue is generated by either via a commission on goods sold, charging listing fees directly to the artisan, or built-in as a premium fee to the buyer. Profit made can be employed to fund social services that directly have an impact on the artisan communities.

  • Building Micro Power Generation 

This social entrepreneurship idea involves the provision of micro-electric solutions for remote applications in the developing world. There are two ways to do micro power generation. The first way to do this is to create a mini power plant that uses biomass produced by the humans, animals, and plants of an off-grid village. The second way is to create a stand-alone power system from used, rechargeable batteries to power classrooms. These kinds of systems are very cheap to develop and implement and can be paid for on a fee-for-usage basis.

  • Cooking/Baking For a Social Cause 

It is a social enterprise idea that deals with the opening of a restaurant or bakery that focuses on building employment skills for underemployed groups, such as at-risk youth or former drug addicts. The proceeds that accrue from the sales of such beverage and food go to training, wages, and social improvement programs for the staff-beneficiaries.

  • Build Efficient Wood Stoves for Women in Developing World 

Many families in developing countries cannot afford modern gas stoves because of their level of income. Millions of women in such countries suffer from cardiopulmonary diseases as a direct result of breathing in wood smoke daily. However, the solution is to build a more efficient stove to solve this problem. The stoves should be sold at the actual market price or little above that to those who can afford it. The profit made from the sales should be used to partly subsidize the cost for those who cannot afford modern stove or gas.

  • Outstanding Educational Travel Company 

Another social entrepreneurship idea is to start an educational travel company. The company will bring experiences travelers together to provide an interpersonal learning experience and a positive social impact on a rural community. The profit gathered will be used to provide other social services to the community.

  • Employ Exercise Equipment For Social Outreach 

This social entrepreneurship idea involves the sale of easy to use exercise equipment at an affordable price. Such exercise equipment should be promoted as an alternative to full gym access for those who can’t afford it. The profit made should be used to subsidize outreach programs that promote healthy living. This way, you are promoting healthy living to direct customers and outreach participants.

  • Create a Marketplace for Social Products 

This social enterprise idea involves the buying and selling of social and ethical daily products online or offline. The social enterprise sells the product to the rich at higher prices and sells to the less privileged at subsidized rates. The difference in the price is employed to provide for the poor at a low price.

  • Create Educational Books: Social entrepreneurship ideas

Another social entrepreneurship idea is to create sellable books and other educational materials. Such books should be based on entrepreneurship, cultural, or technological development. With that, the readers can learn about their culture, learn how to make money, or learn essential tech skills at affordable price. The fund that accrues from the book should be used to support education initiatives along with the same topic and to the group who will have the most influence and benefit. 

  • Sell Beauty Products to Support Social Missions

Beauty products are sold quickly, both online and offline. A social enterprise can partner with major beauty brands to sell their products as an online or offline retailer. The profits that accrue from the sales of such product can be used to provide basic needs for families in rural communities. This is one of the social enterprise ideas that can be practised anywhere across the globe. 

  • Food Company for Philanthropy 

This social enterprise idea involves setting up a food production company. You should create a food company that meets the wants of the people at affordable prices. The company will sell its products to sell privileged at lesser prices but can still make some profit. The profit accrued is also employed to solve other community challenges. The company is readily scalable and can focus on just one product line/charity, or can be easily scaled to accommodate multiple food products and support different charities.

Read Importance of Entrepreneurial Mindset

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