SVE - Venture Philanthropy

Many of the issues are taken care of by civil society institutes like philanthropic organizations to the greater benefit of society. They execute project for support, exploration and expansion of culture, education or employability of target groups, missing the connection to economic viable circuits in society. In this philanthropic sector did emerge during the last decennia a new practise of venture philanthropy, which is rooted in the United States of America. This approach demands an active involvement of people in philanthropic projects. They carefully define an expectation of the expected risks and try to get a firm grip on predescribed social return. The result is a close cooperation in a business-like setting of these venture philanthropists in the projects. Social venturing as well as venture philanthropy firmly focuses on the development of social entrepreneurship. They take their own responsibility and develop ownership to move towards a much more independent position in society. This forms a difference with the traditional forms of philanthripy, were in the long run people stay independent of gift-giving and the kindness of donors. Social Venturing & Entrepreneurship research is situated in between and moves back and forth the area of corporate social sustainability and venture philanthropy to develop a lasting vision to solve society issues in an entrepreneurial manner for the greater economic and social benefit.