3 best sectors for setting up a Social Enterprise
What sectors are best suited to set up a social enterprise? A common question I often find people asking me, but a good question that I feel needs to be addressed.
I started my social enterprise journey over 30 years ago, and during that journey, I have seen many Social Enterprises set up in different sectors. While these three sectors are the main ones I would recommend, there are others you can set up in. All that matters is that you are passionate about what you are doing and that your enterprise helps someone.
Social Welfare
The first of my three picks is the Social Welfare sector. This sector involves helping or assisting individuals or families who are less fortunate in some way. This sector can encompass the following areas:
Childcare sector
Mental Health Care Sector
Rehabilitation
These three elements, plus more, are elements of what I class the social welfare sector as.
Environmental Sector
The environmental sector has expanded in recent years as people have started to realise the importance of the world we live on. Not only that, but more awareness about the environmental sector has brought about an increase in investment. More workplaces have put environmental concerns at the forefront of their planning, and the media has planned a huge part in educating the general public about environmental concerns. For example, overfishing, deforestation, fossil fuel burning, and using too much plastic.
All these changes have led to the growth of this sector, which means that there is an opportunity for you to set up in this sector. From recycling to picking up plastic off beaches and even removing plastic from oceans are all elements of this sector.
Alone each element might seem like a drop of water, but together we can create a vast, clean ocean.
Economic Development
Economic development involves empowering people to develop themselves economically by moving away from the charity module. This sector moves into developing people so they can stand on their own two feet through an enterprise.
While they’re only three sectors mentioned in this post, there still are a lot of sectors out there that you could think about. It entirely depends on which sector you feel passionate about.
How will you make a difference today, to change the world tomorrow? Let’s continue this discussion on Facebook, with me or everyone in the community! If you are just starting out, or this article has inspired you to start your own Social Enterprise, I have plenty of material on the blog for you to read.
Wishing you growth and happiness,
Nyasha
