Eight years after it was created amid a buzz of optimism, the Global Social Entrepreneurship Network has shut for good. Its closure has stark lessons for those supporting social enterprises, writes GSEN co-founder Krisztina Tora.
GSEN, a network for organisations that support early stage social entrepreneurs around the world, admits it can no longer meet the needs of its members. But its leader bows out with a positive message.
At a meeting of several organisations that support social entrepreneurs in Hong Kong last month it emerged that funding and human capital are the biggest challenges they face. Krisztina Tora of the Global Social Entrepreneurship Network reports.
Demand for business support from start-up social ventures is set to increase by almost 50% but there are not enough organisations equipped to meet the sector's needs, warns new report.