The financing of social entrepreneurship. New models for old problems?
Social entrepreneurship has existed for as long as there have been social problems needing responses and solutions. In recent years, new forms of business have been developed that respond to social and environmental challenges, and which combine aspects of non-profit organizations with others of for-profit companies. In this article we start by defining social entrepreneurship, which has specific characteristics and needs that are distinct from those of conventional entrepreneurship. This difference has enabled the development of a financing market specific to this field, which attempts to provide suitable responses to the different types of organizations operating therein. We then go on to look at the financing models available to social initiatives and the cases and situations that make some more appropriate than others.
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Elisabet Bach OllerEconomic and financial consultant, both to entrepreneurs in the process of creating and developing projects and to businesspeople on the consolidation of companies and the viability of projects. Member of professional association Col·legi d'Economistes de Catalunya and of its working group on the creation of businesses and entrepreneurship. Elisabet gives talks and training courses on business creation, finance, and the financing of companies. She is a graduate and holder of a master’s degree in Business Administration and Management from ESADE Business School. She works with the UOC as a course instructor on the Faculty of Economics and Business's Entrepreneurship course.
Laura Lamolla Doctorate in Political Sciences and Administration from the Autonomous University of Barcelona. Master’s in International Management from the Community of European Management Schools. Degree & MBA from ESADE Business School. Her interests focus on gender studies, entrepreneurship and work-life balance. She has taken part in several research projects on these topics.
