SUSTAIN 1S03 Lecture Notes - Lecture 6: Social Firm, Social Entrepreneurship, Social Enterprise

• School: McMaster University
• Department: Sustainability
• Course: SUSTAIN 1S03
• Professor: Greg Zilberbrant

Document Summary

Social enterprise - social co-ops can focus on anything, social firm are specifically related to employment(meticulon) Meticulon(cbc)- a company finding companies willing to take on those with autism. Need to raise money for their cause( if funding or charitable givings aren"t an option) metrics. Before 2008, company social programs had a budget, then companies aren"t making money. Thus there was a need to raise money. Competition- allow other companies to follow their brilliant idea as long as it doesn"t affect their business model. Metrics- can use different metrics, not using financial metrics. Viable business model: systemic change(coffee shop prison workers) Social enterprise examples- the big issue(current affairs magazine) they sell the magazine through homeless people,