Social Entrepreneurship: A Catalyst for Economic Development

In this highly materialistic and turbulent world, it is no surprise that most countries are chasing economic development as a potential panacea for our social ills.

Trade wars have erupted, global resources exploited, inequality flourished, but if there is anything that has been consistently keeping up with the caprices of capitalism while fostering wellbeing, it is social entrepreneurship. Social entrepreneurs act as a major engine in the economic machine through their business activities and fuel development by raising the quality of life of the population.

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6 Reasons Why Mauritian NGOs Should Convert to Social Enterprises

It is 2021, 76  years since the term NGO became popular with the founding of the United Nations in 1945. Organisations that strive for the betterment of humanity have existed since the dawn of time, though the shape they take has constantly been evolving.

In the late 1970s in the UK, social entrepreneurship emerged as an alternative business model with the traditional profit motive and a social, environmental and governance focus. Our tiny nation is blessed with more than 300 active NGOs, yet not many social enterprises. Whether out of ignorance, lack of skills, complexity or sheer refusal to mix business with the social world, many NGOs do not alter their models, even though social enterprises tend to be more scalable and sustainable.

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YUVA and Smile Foundation explore collaboration on Setting-up of Social Entreprises

In an effort to connect and work with organisations operating in similar sectors, YUVA representatives met Mr Rajeev Sharma, the General Manager, Mr Mishra, the Co-Founder and Mr Dham, the Chief Operating Officer of Smile Foundation on Monday, 6 May 2019.

Smile Foundation is an NGO in India directly benefitting over 750,000 children and their families every year, through more than 350 live welfare projects on education, healthcare, livelihood and women empowerment, in over 1000 remote villages and slums across 25 states of India.

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YUVA and IIT Delhi begin dialogue to explore potential areas of collaboration

In the afternoon of Monday, 6 May 2019, YUVA representatives were invited to meet Professor Sanjeev Sanghi, the Dean of Alumni Affairs and International programmes at the Indian Institute of Technology (IIT) Delhi to explore different grounds for collaboration.

YUVA gave an overview of its initiatives in Mauritius and Africa, which was followed by a brief presentation from Dr Sanghi on IIT Delhi.

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