Monsha’at Launches Report Titled "Social Entrepreneurship: Serving the Community and Achieving Revenue."

Thursday 28 September 2023
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Monsha’at has released a report titled "Social Entrepreneurship: Serving the Community and Achieving Revenue" as part of its specialized reports series. The report is available in both Arabic and English and aims to shed light on social entrepreneurship and raise awareness about it. These enterprises utilize a business model to address social challenges in an innovative and sustainable way while generating revenue. The report highlights the distinctive features of social entrepreneurial projects, which lie between nonprofit charitable organizations and commercial ventures.
The report outlines the necessary steps and essential requirements for entrepreneurs interested in establishing a social enterprise, starting from ideation and launching a pilot product to expansion. It includes interviews with sustainability experts as well as success stories from entrepreneurs of social enterprises. These include a conversation with the founder of a project specializing in agricultural digitization and afforestation, as well as the founder of a project providing access to the Quran for the visually impaired worldwide.
Furthermore, the report showcases business models of social enterprises, focusing on the three most notable models that have achieved financial profitability in recent times. It also highlights efforts in the Kingdom to support the growth and sustainability of social enterprises, such as providing incubators, accelerators, training programs, and educational initiatives. The full report can be accessed via the following link:Monshaat - Social Entrepreneurship-EN.pdf

It's worth mentioning that the report on social entrepreneurship is part of a series of specialized reports regularly published by Monsha’at. Previous reports cover topics and sectors relevant to entrepreneurs, investors, and those interested in entrepreneurship in the Kingdom. The most recent reports include specialized guides on effective communication, talent attraction for enterprises, and more. These reports provide valuable information for entrepreneurs in various sectors, reference guides, as well as interviews with experts and diverse success stories.

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