November 20

Analysis: The Case for Shifting the Way Social Enterprise Support Is Funded

By Alexandra Nemeth

Social enterprises are paving the way towards a more equitable and sustainable future, and an entire ecosystem has developed around them to mobilize the business development support they need to succeed. Quality business development support is proven to accelerate enterprise growth in emerging markets — increasing incomes, employment, and resilience.

For that reason, most of the funding from donors and corporate sponsors is directed at the delivery of business development support to the entrepreneurs themselves, with little attention being paid to the organizations that actually facilitate that delivery. These facilitators are known as enterprise support organizations, or ESOs.

Photo courtesy of Cytonn Photography.

Source: MovingWorlds (link opens in a new window)

Social Enterprise
business development, global development, impact measurement, poverty alleviation, scale