
Civic Enterprise
Civic enterprise refers to organizations or initiatives that aim to improve communities and public life through innovative, sustainable solutions. These entities often blend business practices with social goals, focusing on addressing public issues like affordable housing, education, or environmental sustainability. Unlike traditional nonprofits, civic enterprises generate revenue to reinvest in their mission, promoting long-term impact. They encourage collaboration between government, private sector, and citizens to create positive change, emphasizing social responsibility, community engagement, and practical problem-solving for the betterment of society.