Social entrepreneurs have different reasons for creating their ventures: policymakers should take these into account

Farsan Madjdi and Badri Zolfaghari

SOCIAL entrepreneurs embrace social as well as economic value. They create ventures that aim to meet social needs. They are not only risk-takers and proactive innovators but have a strong ethical fibre. They are compassionate and morally motivated to create social ventures.

One such social venture is Regenize, founded by Chad Robertson and Nkazimlo Miti in the Cape Flats in the Western Cape province of South Africa.

The two social entrepreneurs wanted to make recycling a rewarding endeavour and educate young people about sustaining their environment. Their many awards and the global recognition they’ve received are testament to the importance of their mission and value creation, not just for their communities but beyond.

Yet, social entrepreneurs such as Chad and Nkazimlo and the ventures they create are not a monolithic group. They can vary in their goals, their motivations, how they judge their situations, and