Economic Growth Philippines Project #24500

Social Enterprise Development for Communities

by De La Salle University

Summary

The Lasallian Social Enterprise for Economic Development Center is the flagship initiative of De La Salle University in areas of social entrepreneurship and social innovation. It localizes the United Nations' Sustainable Development Goals by working with students and marginalized communities in creating social enterprises. At present, LSEED Center implements various programs in areas of student formation, SE development, curricular, research, internship & volunteerism, and internationalization

$50,000
total goal

$48,475
remaining

12
donors

0
monthly donors

4
fundraisers

7
years

Challenge

Poverty in the Philippines has become intergenerational. It takes various forms and has affected different sectors. Social Entrepreneurship offers new models of solving these problems from its root causes, by facilitating multi-sectoral approach, building on various disciplines, and developing innovative solutions to the most pressing needs of society. The LSEED Center of De La Salle University is at the forefront of advocating for inclusive models of social enterprises.

Solution

As part of the social economy sector of the country, social enterprises represent almost 15% of the total registered micro, small, and medium enterprises. As we know, MSME sector is primarily providing livelihood & employment opportunities to the vulnerable members of society such as farmers and fisherfolks. This is the reason why the LSEED Center is actively engaging with stakeholders of the university and the communities in building social enterprises models that respond to societal divides

Long-Term Impact

With the project supporting the development/sustainability of social enterprises in urban poor communities, jobs will be created and it will offer more livelihood opportunities to help augment income of households, especially in poor communities.