Submitted by: JoAnn Flett, Ph.D. (ABD), Senior Lecturer, Director, MBA in Social Impact and Christa Lee-Chuvala, Assistant Professor, MBA in Social Impact, Eastern University
Social entrepreneurs envision a bold new way of designing businesses to address some of society’s most pressing needs. The Greater Philadelphia region has a long history of social innovation that began with Benjamin Franklin’s pioneering efforts to couple economic success and social good. Philadelphia is poised to become a major player in the emerging impact economy as a result of its many attributes like location, human and financial capital, and affordability.
A prime example of social entrepreneurship in the Philadelphia non-profit sector is the innovative work of Broad Street Ministry [BSM] and the eco-system of care that BSM has developed around providing assistance to Philadelphia’s most vulnerable citizens. In 2017, two socially-minded restauranteurs launched the