Social venture

[1] In the leveraged nonprofit venture the entrepreneur uses external partners for financial support in providing a public good.

On the other hand, the hybrid nonprofit venture recovers a portion of its costs through sales of its goods or services.

Rather profits are a possible means to achieve sustainability in providing a social benefit.

The problems addressed by social ventures cover the range of social issues, including poverty, inequality, education, the environment, and economic development.

[2] These conditions necessitate that the social entrepreneur to be creative, adaptable, and determined in finding new solutions to problems.