by Nic Custer
There are so many social and environmental problems affecting the world we live in today that sometimes things look pretty bleak. But instead of letting this be a stumbling block, a different kind of entrepreneur has been able to address these needs as opportunities to positively affect the community with radical, new solutions.
These social entrepreneurs are in business to provide a service or product that directly responds to a pressing social need. This can include providing a sense of self-sufficiency to at-risk individuals through offering job skills and work experience, bringing inexpensive water filtration and irrigation products to the developing world, or composting local food waste to create nutrient-rich soil and reduce the impact on landfills. Many social entrepreneurs follow a triple bottom line business model, where not only are profits important to the company but so is its environmental and social impact.
University Outreach’s Innovation Incubator, 432 N. Saginaw St., suite 207, is a co-working and business incubator space that works with community and students to establish start-up businesses and non-profits. Many of these businesses address a need in the larger community through social entrepreneurship.
For example, Charma’s Organic Kitchen is a business that sells locally-grown dehydrated kale and collard green chips. This business is tackling the issue of access to affordable, healthy snacks in “food deserts” or places where availability of healthy, fresh food is limited.
UM-Flint student business, Moses Music Productions, is specifically trying to address a large gender gap in the professional music industry. Part of owner Aleah Moses’ mission is to inspire girls, who are underrepresented in the music industry, to become producers and songwriters.
Stephan McBride is planning his business, Gamerz Den, to be a video gaming and social space. Another UM-Flint student, McBride would like his business to specifically cater towards creating a safe space for less social and autistic gamers, who may feel more comfortable socializing with other people around video games.
Lastly, Nick Looney, a UM-Flint student, is developing his own social entrepreneurship venture which will work with Habitat for Humanity to build and sell tiny houses, which are roughly defined as less than 200 square-foot houses. He plans to hire homeless and at-risk individuals to build the houses and will contribute a portion of his company’s equity to the local Habitat for Humanity to help fund construction of housing for people in need.
There are many ways someone can engage in social entrepreneurship. The Innovation Incubator provides start-ups with business plan development, workspace, referrals, mentoring and workshops including tax accounting, grant writing, business pitches, intellectual property and the triple bottom line business model. All services and programming are available at no charge.
Do you have a business idea that can benefit your community or environment? Fill out the Bright Idea form on the Innovation Incubator’s website at www.go.umflint.edu/in and start your own social venture today!