CHAPTER ELEVENNONPROFIT VENTURE DEVELOPMENT: Starting New Nonprofits and Social Ventures
Lewis Faulk and Jaleesa Hall1
The purpose of this chapter is to provide existing nonprofit leaders and prospective social entrepreneurs with a better understanding of the options and strategic approaches to start and develop new social ventures, including new nonprofit organizations and social enterprises.2 We treat the term new social venture as an umbrella concept that can include a variety of organized activity from starting and building entirely new organizations to launching new initiatives from existing organizations (e.g., new programs, spin-offs), including collaborative projects connecting two or more organizations. Recognizing the wide range ...
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