Entrepreneurship in Nonprofits

Nonprofit organizations operate globally in many areas. They address societal issues in fields like health and social services, culture and arts, environment or education and research.

And sometimes, they even succeed where a classical economic perspective failed. They turn industrial fallow into a lively and inspiring new district. They find a way to foster global hygiene refuse recycling. They come up with exciting stories that help to meet the manifold challenges we face in today’s world.

However, to turn these stories into tales of success it helps to understand how innovative concepts need to be implemented, when financial means are scarce. It also might be a good idea to understand the methods of impact measurement. In short: it is commendable to understand the economic tools to apply entrepreneurship to nonprofits.

This course gives you an introduction to the topics that need to be addressed in order to make informed decisions. And it asks you time and again to look upon your own organization in order to critically reflect your learnings. Our objective is to let you apply your learnings in practice, to change your perspective as a means to understand the logic of social entrepreneurship and how to transfer this into your own organization.

We feel very confident about one thing: entrepreneurship is a concept that is able to address many problems. Globally, there are innovative solutions to be found and this course helps you to devise parts of the skill set you need to develop them.

We suggest that you keep a notebook in which you can write down all the important findings and solutions to the various tasks that you might want to solve during the course. Of course, this is voluntary and your notebook will not be corrected by anyone, but this can certainly help you to get the most out of this course.

This project has been funded by fondation Botnar.

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