social venture

A social venture is a business or organization designed to address social, environmental, or community issues while also operating sustainably. Unlike traditional businesses focused solely on profit, social ventures aim to create positive change and generate social value alongside financial returns. They often reinvest profits into their mission or community projects, balancing economic and social goals. Examples include companies providing affordable healthcare, renewable energy solutions, or education access. The key is that their primary purpose is to solve social problems, using innovative and sustainable business approaches to make a lasting impact.