Here, the institute in these institute-aided social enterprises acts as a community support network for start-ups to further their social, environmental and financial goals. Some of the organizations or people went through an institute to gain capital funding or impact investments and others are still part of an organization as a way to continuously gain support and resources.
Institute-aided social enterprises are increasing just as are the incubators and societies themselves are increasing. Because there are more and more social enterprise start-ups flooding the market so to speak, CEOs and founders often find it beneficial to seek out an organization that can help to set them up a little, when it comes to networking, resources, finding a mentor or an advisor, and just all around finding support along the way.
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By: Tiana Reid - Published: Feb 24, 2013