Why are NGOs Important for Social Entrepreneurship?
Social entrepreneurship focuses on creating social value rather than just financial profit. NGOs are vital in this realm because:
- Mission Alignment: NGOs and social entrepreneurs often share a common mission of addressing societal issues, making them natural allies. - Resource Mobilization: NGOs have the ability to mobilize resources, including financial, human, and material, to support social enterprises. - Community Trust: NGOs often have established trust within communities, making it easier for social entrepreneurs to implement their initiatives effectively.