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If you're looking for a way to give back to your community, there's a new startup out there for you: Beam, a crowdfunding platform that connects homeless people with job opportunities, Mashable reports.
The idea behind Beam is to use business as a "force for good," according to the Social Enterprise Institute.
"The modern social enterprise movement can be traced back to the mid-20th century, when a number of organizations were founded with the explicit purpose of using business to achieve social or environmental change," the institute notes.
"Some common examples of social enterprises include fair trade businesses, eco-friendly businesses, and businesses that support a marginalized community."
So what's a social enterprise? According to the Social Enterprise Institute, it can be " structured as a for-profit or non-profit, and they reinvest their profits back into the social or environmental goals of the business."
Here are six examples of social enterprises you can get into: SittiSitti is a conscious lifestyle brand committed to the self-reliance of refugee and displaced communities through long-term employment opportunities and skill development training, empowered by an inclusive global economy.
Anchal is a non-profit that operates like a business.
NestNest is a nonprofit 501(c)(3) supporting the responsible growth and...
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Selected Foundation News
A customized collection of news from foundations from around the Web.
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Foundation: Community Foundation of Greater Lafayette
Florida's Mia Farley just missed out on a spot on the US Equestrian Team for the 2024 Olympic and Paralympic Games, but that doesn't mean she's giving up on her goal of competing in Rio. The...more
Foundation: Community Foundation for Southeast Michigan
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Social Entrepreneurship
Spotlight
Influencing Social Good Through Retail
When Hannah Davis traveled to China to teach English, she noticed how Chinese workers and farmers were often sporting olive green army-style shoes. Those shoes served as her inspiration to create her own social enterprise, Bangs Shoes.