Social business

Social business development assists in addressing social problems through non-loss/non-dividend companies which are financially self-sustainable with reinvestment of realised profits into the social business itself. Unlike a profit-maximising business, the prime aim of a Social Business is not to maximize profits - although generating profits is desired – and not to receive any dividend by the business owners. It is the great advantage that unlike a non-profit business, a Social Business is not dependent on donations or on private or public grants to survive and to operate (self-sustainability), Funds in a Social Business are invested to increase and improve the business' operations on the field on an indefinite basis. "A charity dollar has only one life; a Social Business dollar can be invested over and over again" (Muhammad Yunus).

SEEDwork experts’ experience refers particularly to the expansion of rural-based cooperatives and sector-associations into social businesses hereby strengthening their members’ economic performance and self-sustainability. The member enterprises support the social business through membership fees hence rendering it financially independent and operational for their own benefit.