Social Entrepreneurship Funding
Overview
Social entrepreneurship is a discipline that combines exceptional leadership and innovation in order to bring about social transformation.
E² is committed to contributing to poverty alleviation and job creation in South Africa. Aside from investing in the entrepreneurial ventures of E² associates, E² supports social entrepreneurship initiatives of selected public benefit organisations to meet this objective.
E² seeks to support public benefit organisations that demonstrate exceptional leadership in conceptualising and applying innovative approaches to addressing poverty and joblessness in South Africa. Along with multi-year financial support, successful applicants will receive targeted technical and management support to assist them in developing their initiatives, thereby increasing their potential to deliver high impact, sustainable solutions.
What is "social entrepreneurship" to us?
Business entrepreneurs are dynamic initiators of innovation and economic growth. Typically, business entrepreneurs exhibit leadership and drive, together with the ability to identify and take advantage of market opportunities.
Similarly, social entrepreneurs are able to identify the gaps in social service delivery, recognise opportunities to create social value, and develop pioneering approaches to bringing about positive social and environmental change. Social entrepreneurs are also dedicated and bold in the pursuit of this change, demonstrating both the vision to create an improved society and the will to find practical, sustainable solutions to implementing these goals.
While business entrepreneurs are driven by the desire to optimize profits, social entrepreneurs measure their value by the extent to which their efforts have a significant impact on a society's social fabric.
We believe that social entrepreneurship is the practice of applying entrepreneurial qualities (such as innovation, leadership and the determination to challenge established paradigms) in order to bring about positive social change.
