Teaching Notes Raminta Pučėtaitė, Vilnius University Renata Matkevičienė, Vilnius University Aurelija Novelskaitė, Vilnius University
This teaching perspective could be taken either with a group of social entrepreneurs or undergraduate business students. Typical business models of social enterprises could be discussed to help them see how social enterprises can combine their social and economic missions. The audience could identify and argue which business model Workshops of Treasures has chosen and propose directions for its development/change. Descriptions of business models can be found at: https://bit.ly/3lcjDmi
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Social business models
Cross-compensation
Payment for the service
Employment and training
Connector
in this business model, one group of consumers pays for the specific social group’s purchases.
SE gets income from customers who pay for their service which is provided to those in need.
SE connects a specific social group and new markets.
Independent help
Cooperatives
SE creates jobs and provides training (craft) to the specific groups. Intermediary: SE sells the products produced by a specific social group in the market under their brand (e.g., “Fairtrade”).
SE provides a service/product to external market that a specific social group cannot reach. Earned income is used to finance social programs (e.g., betterworldbooks.com).
a company or an NGO that belongs to a community provides service to other community members.
Alternative examples on social business models in practice: Alter, K. (2007). Social Enterprise Typology. Available online: https://canvas.brown.edu/courses/1073328/files/6102 8038
