What is a defining feature of the social enterprise type of organisation?

A defining feature of a social enterprise type of organization is its unique mission that combines social impact with financial sustainability. Social enterprises strive to address societal issues and challenges while generating income to sustain their operations. This dual focus on social objectives and economic viability distinguishes them from traditional for-profit entities, which prioritize profit maximization, and from non-profit organizations, which may rely heavily on donations and grants.

In social enterprises, the social mission drives the business model, directly influencing decisions on products, services, and target markets. By doing so, they contribute positively to communities and address social injustices while maintaining the ability to generate revenue, which supports their goals and initiatives. Therefore, the commitment to creating social value alongside economic revenue is the hallmark of social enterprises.