Social entrepreneurship: concepts, practices, and impact
In this presentation, the author will comment upon the process of creating our blueprint and business plan for creating our social entrepreneurship organization Singapore. Briefly, our plan is to come up with a company to provide retired and or retrenched professionals with a platform to equip students towards intellectual and professional development of social entrepreneurship skills. It is our goal to provide students with a fun, interactive and exciting method to learn skills, aiming to provide them with a break and fun among their stress study life. In the commentary, we will link the document back to entrepreneurship theories to illustrate the theoretical basis for key decisions.
Social entrepreneurship: definition, models, and impact
We believe that forming our combined nursery home and children's home program as a nonprofit organization (NPO) is the preferable choice because this organizational form provides our project with a number of tangible and intangible benefits. As a nonprofit organization, our nursery/children's home would retain the ability to accept both private donations from individual citizens, as well as governmental funding in the form of grants and subsidies. Furthermore, because the stated goal and mission of our nursery/children's home project is to honor Turkey's culture of collectivism, seeking nonprofit status is the most appropriate course of action. Because the community at large would be able to contribute to our cause, in the form of monetary donations and volunteering their time, becoming a nonprofit organization is the best choice for our nursery/children's home if we hope to stay faithful to our Turkish heritage.