Startups

Social Entrepreneurship: Create a Positive Impact

23 Sep 2024

The social venture has gained relevance among new generations of entrepreneurs who seek to create not only economic benefits, but also generate a positive impact on society. This type of entrepreneurship combines a social or environmental purpose with economic sustainability. At Aticco, we support these initiatives by providing a flexible and collaborative work environment where entrepreneurs can grow and collaborate to change the world.

Impact of social entrepreneurship in the community

The social venture has the capacity to transform entire communities. It addresses critical issues such as access to education, environmental sustainability, social inclusion and economic development. Social entrepreneurs drive change that not only benefits individuals, but also strengthens community ties, promoting a more equitable and sustainable society. In addition, these projects often involve community members themselves in the search for solutions, which generates greater connection and citizen participation. The positive effects of these initiatives have the potential to be long-lasting and to generate long-term structural change.  

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Social entrepreneurship vs. traditional business: key differences

The main difference between a social venture and a traditional business lies in their fundamental objectives. While conventional businesses are primarily oriented toward profit maximization, social ventures prioritize the creation of social or environmental value, with a focus that must also be financially sustainable. Likewise, the measurement of success in a social enterprise goes beyond financial income; it focuses on impact indicators such as the number of people benefited or the progress in solving the social or environmental problem they address. These businesses also tend to involve the community more, creating a more collaborative and conscious work model.

How to measure the impact of your social enterprise

To ensure the success of a social ventureIn the same way that traditional businesses measure their revenues and profits, social enterprises must define clear indicators that reflect the scope and effectiveness of their mission. Just as traditional businesses measure their revenues and profits, social enterprises must define clear indicators that reflect the scope and effectiveness of their mission. For example, if your business seeks to improve education in disadvantaged areas, some indicators could include the number of children receiving school support, improvement in their grades or access to educational materials. It is advisable to constantly monitor and adapt strategies according to the results to maximize social impact.

Inspiring examples of social entrepreneurship

At AticcoWe firmly believe in the power of social entrepreneurship to generate significant change in society. Through the Cellnex Bridgein collaboration with the Cellnex Foundation, AticcoLab and Innuba, we have supported several startups that use technology to address social and environmental challenges. These initiatives not only seek economic sustainability, but are deeply committed to improving the well-being of people and the environment. Aticco Lab   3dthinks Startup that improves the lives of people with disabilities through technological innovations. Its product TalXan "inclusive WhatsApp", connects people with disabilities to their social environment and essential services, helping to bridge the digital divide. ForestChain Blockchain platform that ensures the wood traceability in the timber industry, promoting sustainable and legal practices. Its digital passport for wood products connects the origin with the final consumer, combating deforestation. AldoraTech Solution of sustainable logistics using drones for fast and accessible deliveries in remote areas. AldoraTech is driving the transition to an automated and environmentally friendly logistics model.   These startups are not only driving innovative solutions, but they are also using our spaces, such as the event roomsto organize workshops and conferences that inspire others to join in social change.   At Aticco, we support and promote these projects because we believe that the social venture is key to building a more equitable and sustainable future. We know that social entrepreneurs need a supportive environment where they can collaborate, innovate and scale their initiatives. Discover what is coworking and how our flexible spaces can help you boost your social impact while connecting with other professionals committed to positive change.

FREQUENTLY ASKED QUESTIONS ABOUT SOCIAL ENTREPRENEURSHIP

  • What are social entrepreneurship activities?

    The activities of social entrepreneurship are those that aim to generate a positive impact on society or the environment, while being economically viable. Examples include projects to improve education, recycling initiatives, social inclusion programs and accessible health services.

  • What social entrepreneurship can I do?

    The type of social enterprise you can start depends on your interests and the needs of your community. Some common areas include environmental sustainability, education, social inclusion or access to basic services. Identify a problem you are passionate about and look for innovative solutions that can be implemented in a sustainable way.

  • What are the types of social enterprises?

    There are several types of social enterprises, among which the following stand out:

    • For-profit social enterprisesThese are businesses that seek to generate profits while fulfilling a social or environmental mission. An example would be a company that employs people in vulnerable situations to manufacture sustainable products.
    • CooperativesCooperatives: Organizations managed and operated by their own members, who are the main beneficiaries of the activities. They usually focus on sectors such as agriculture, fair trade or access to financial services.
    • Foundations or NGOs with productive activitiesNon-profit entities that, in addition to receiving donations, generate income through productive activities to sustain their social projects.