« Serious worldsaving play | Main | Twitter is useful » April 21, 2008Social enterprisesSome organizations that are structured as nonprofits with social missions, or social enterprises, are run like businesses and generate sustainable revenue sources, though earnings are retained, not distributed. “There is a lot of discussion taking place right now about a whole new organization form around social enterprise,” said James Fruchterman, president of Benetech, a social enterprise incubator based in Palo Alto. “Many of these efforts can make money; they will just never make enough to provide venture capital rates of return.” These organizations tend to be tech-oriented, "driven in part by a set of microelectronics technology trends that have sent shock waves through many industries, from publishing to music and movies." [Link] jon posted this at 11:23 PM |
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