As part of Mental Health Awareness Week Brittany Stewart, Logan Williams and Timothy Mills debunk some of the myths about social enterprises they learnt while taking part in the Kathmandu New Zealand Student Social Enterprise Challenge. The theme of the challenge was wellbeing and as the team discovered, generating social benefit can be quite challenging.
Recently, I had the opportunity to compete in the Kathmandu New Zealand Student Social Enterprise Challenge at UC. We had just 48 hours to create and develop a social enterprise with the goal to provide improved mental health and wellbeing to our communities.
Our team developed Shirt off my back, a social enterprise which aimed to improve the wellbeing of kiwi kids in low decile schools by providing them with essential clothing they may not have with the aim of improving the quality of their day-to-day-life and their engagement at school.
Going into the challenge I thought I understood what it meant to create a viable social enterprise, but I was wrong. There are many misconceptions to social enterprises which often prevent people from undertaking the challenge of starting one up. I plan to set these misconceptions straight to prove why social enterprises are becoming more important than ever to help our communities.
- “Social enterprises are just about being environmentally friendly”
Social enterprises are well-known for their environmentally friendly products. However, there are many social enterprises which aim to have a social impact, where they want to create businesses which give back to communities, like Shirt off my back.
- “Social enterprises do not make any money”
During the challenge, the most difficult part of creating our social enterprise was figuring out how to make money! However, many social enterprises are very profitable. Shirt off my back uses a one-for-one model. For every item of clothing a consumer buys at one of our retail partners, the retailer will give an item of clothing to Shirt off my back to distribute to kids that need them most. The aim of a social enterprise is to deliver benefits by using their revenues to finance activities that generate social benefit.
Social enterprises have the potential to address issues in our communities in a self-sustaining way. Social enterprises provide the opportunity for people to improve their communities in a way that neither capitalism nor charity has yet been able to match.
If you want to find out more about social enterprise in New Zealand check out: http://akina.org.nz/