Social Entrepreneurship envisions the achievement of social objectives of a CSO, through entrepreneurial solutions.
Social Enterprise is a business model that operates primarily with social and environmental objectives as the ‘bottom line’ and which reinvests profits into the social mission of the organization, aimed at addressing the needs of vulnerable constituencies.
Social enterprise projects submitted within this grant competition are encouraged to follow one of the following business models. Please note that the models are not mutually exclusive:
a) Employment model
b) Low-Income Client as Market Model
c) Fee-for-Service Model
d) Market Linkage Model
e) Social Innovation Model.
Applicant organizations must
1) be CSOs registered and operating in Georgia
2) be interested in the creation of a social enterprise OR in the development of their already existing social enterprise
3) have a proven record of operations of at least 2 years.
Maximum grant award: GEL 25,000
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This grant competition aims to support the development of new and existing social enterprises, to promote social enterprise as a viable instrument for attaining long-term CSO sustainability.
Deadline: March 2, 2020 by 17:00.
For more infomation please visit https://tinyurl.com/s5h3ozf