Question

How social entrepreneurs encouraged by goverment ? Or what goverment have done to encourage social entrepreneurs ?

(250Words)

Thanks

Answer 1

Social entrepreneurs: It is those persons who recognize a social problem such as poverty, illness, illiteracy, environmental destruction, human rights abuses, and corruption and uses entrepreneurial principles to organize, create and manage a venture to make a social change.

Govt.'s contribution to encourage social entrepreneurs:

• Govt. should allocate required funding for social entrepreneurs so that they can achieve great degrees of success.
• Govt plays a vital role as a resource and partners for producing knowledge that helps identify the problems, document the solutions.
• Govt. provides research data, establishes critical standards, and produces or funds evaluation for social entrepreneurs.
• Lay the foundation, support, promote, recognize the entrepreneur.
• New tax structures, agency R&D policies.

What govt. have done to encourage social entrepreneurs:

• Encourage social entrepreneurs to innovate
• create enabling environment for their efforts
• Reward their performance
• Govt. is helping entrepreneurs to scale their success.
• produce knowledge to help them solve social problems.
• Encourage social entrepreneur efforts.

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