Demystifying social entrepreneurship—a data-driven approach

Social enterprises present solutions to major social challenges such as climate change, global inequities, educational gaps, and many others through social innovation. In fact, social enterprises attract a growing amount of talent, with an estimated 3.2 percent (global average) of adults between 18 to 64 attempting to start a social enterprise. However, many get lost early on in their journey, with about 83 percent of social enterprises staying operational for less than 3 years. Among key reasons for this failure rate are the unequal opportunity and access to financial, mentoring, and educational resources and opportunities.