At YI2.0, we are committed to sharing the stories of social innovators. But what do we mean by this? We support young entrepreneurs who, rather than giving money to charity, are coming up with new ways to provide those at the bottom of the pyramid with affordable inventions that enable them to increase profits. Here’s what some of the social entrepreneur industries leading organizations have to say:
Stanford Social Innovation review defines Social Innovation as :
A novel solution to a social problems that is more effective, efficient, sustainable or just than existing s
olutions and for which the value created accrues primarily to society as a whole rather than private individuals.
Ashoka says: Social entrepreneurs are individuals with innovative solutions to society’s most pressing social problems. They are ambitious and persistent, tackling major social issues and offering new ideas for sustainable social change
Skoll says:Social entrepreneurs pioneer innovative and systemic approaches for meeting the needs of the marginalized, the disadvantaged and the disenfranchised
For a weekly review of the news on the social entrepreneurship world, check out Invested Development’s weekly review.