Social entrepreneurship – doing business in a way that serves society
Traditional entrepreneurship tends to be about businesses serving their own interests, with the goal being financial profit. It rarely focuses on human rights, environmental protection or limited resources. Social entrepreneurship proves that there is an alternative way to do things.
Social entrepreneurs are focused on finding innovative, long-term solutions to challenges within society. Their activities include fighting poverty, discrimination and racism, upholding human rights, protecting the environment and developing their business in a socially-responsible manner.
Fair jobs at fair companies and in the area of social entrepreneurship
Fair companies have a social goal: to stop exploiting the 'intern generation'. In practical terms this means not replacing full-time positions with interns, and providing reasonable pay for internships. Social entrepreneurship has similar qualities, but goes one step further. Social entrepreneurship is about combining entrepreneurship with social awareness, thereby helping to transform society. Respecting democratic rights, individual freedom and human dignity is a key part of this. But how do you finance projects that are not focused on profit, and what does this look like in reality?
Norbert Kunz, a social entrepreneur from Germany
Norbert Kunz is one of the social entrepreneurs in Germany. With his agency for social innovation, ‘iq consult’, he helps people who would otherwise have few prospects on the job market to start their own businesses – those with no school qualifications or training. The team takes a comprehensive approach here. It provides financial planning support and advises new entrepreneurs before, during and after the process of setting up their business. In addition to social entrepreneurs, the agency supports inclusive, cultural and youth entrepreneurs with their business ideas.
Norbert Kunz is the managing director of iq consult, a social innovation agency working in the areas of start-up support, regional development, and inclusive and social entrepreneurship. A qualified banker and economics teacher, he co-founded the German Microfinance Institute and the company stattauto Carsharing AG, Berlin.
- Ashoka Fellow since 2007
- Social Entrepreneur of the Year 2010 (Schwab Foundation)
- Member of the Global Agenda Council on Social Innovation and the European Commission Expert Group on Social Business
Deusche Welle: Social Entrepreneur Norbert Kunz
Social entrepreneurship receives targeted funding
For instance in order to fund their projects and network with others, social entrepreneurs take part in competitions. Norbert Kunz has done so, and successfully too. He was named 'Social Entrepreneur of the Year' by the Schwab Foundation for Social Entrepreneurship in 2010. He is finding new contacts and funding opportunities as a result of the coverage of the competition and its winners. Social entrepreneurs also receive financial and material support from venture capitalists, corporate partnerships, public funding, donations and organisations committed to funding social entrepreneurship.
The largest and most well-known of these organisations is probably Ashoka. The international charitable organisation has launched programmes in over 60 countries around the world and is currently supporting some 3,000 ‘fellows’ (outstanding entrepreneurs), in some cases with grants. Norbert Kunz is one of these fellows and it is pleasing to see that an increasing number of entrepreneurs in Germany are following his example.
Ashoka is a social investor that has been looking for and supporting social entrepreneurs in over 70 countries since 1980. These women and men solve social problems with creative, exemplary concepts.
Discussion in the community
We are keen to receive your questions and contributions regarding the topic of social entrepreneurship. It is a broad subject that offers plenty of scope for lively discussion, in our community too: Join us and other alumni as we discuss this topic in the 'Social entrepreneurship' community group.