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Im dealing with a few social enterprises myself and the funding is definitely one of the biggest challenges. Grants are certainly one way however relying on th
by clojurerocks 15y ago
Im dealing with a few social enterprises myself and the funding is definitely one of the biggest challenges. Grants are certainly one way however relying on them can be problematic because they are hard ot get initially but at the same time its easier to get them once you get them the first time. Also usually they dont cover the total costs involved. Donations can be tricky because you have to get people to know about the product and to want to give money. Some are trying other ways such as developing mobile apps and selling them. My thoughts also is to talk to foundations and very wealthy people who might be open to investing in high technology products that will help people.