More Than Wanting To Do A Common Good: Social Businesses And Their Social And Economic Value To Developing Nations.

Traditionally, people formed charities to bring about change to social injustices. I’m interested in social businesses, which aim to make profits while serving a social good. This MRP focuses on social businesses in developing nations, & examines what is needed for such businesses to become and remain successful. With the exceptional knowledge I have gained at OCAD University, 2 case studies are presented, and I focused on the various strategies and innovations applied by social businesses and compare which were successful to those which were not. The criteria for success are whether growth is fostered in the form of income, meaningful employment, or a higher standard of living which does not increase a dependency by the community being targeted, and their ability to grow by adapting to new methods. A toolkit which contains questions and tools was developed to help those who plan on implementing a social business