The Difference between Social Enterprises and NGOs
Upon their first encounter with social enterprise, many are curious about the differences between Social Enterprises and Non-Governmental Organizations (NGO).
The most important difference is the source of financial income.NGOs’ financial income is based on donations and fundraising. Social Enterprises make a balance between profit making and social sustainability. Dream Impact is inspired by the guiding principle of UK’s Community Interest Company and profits will be divided into three equal parts, one-third will be re-invested to grow the company, one-third will be donated to social causes aligned with our mission, and one-third will be shared by staff and directors.
No matter what the differences are, both of them strive to solve social problems and are worth to be supported!
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