Social business models
interesting meeting with Kevin TEO, COO, Asian Venture Philanthropy Network (avpn) on social business models, patterns and layers.
Kevin manages the ACSEP SE Patterns project (web), which catalog known social entreprises along a set of attributes and attempt to identify common patterns among them. He wrote: “These Patterns will subsequently be used for teaching purposes, as well as to help budding social entrepreneurs leapfrog their start-up process by being aware of the key challenge and success factors in each Pattern.”
We quickly sketched the business model of A-Changin (web) and its “Alteration initiative”.
“A-changin Private Limited is a social enterprise with a social mission to provide training and employment opportunities to work-capable women in need, especially single mothers. Our first work-integration initiative, appropriately named Alteration Initiative, aims to equip disadvantaged women with garment alteration skills to achieve adequate source of income and better quality of life; integrating them into mainstream society. By concentrating on sewing quality, computerised processes, modern settings and friendly service; we aim to modernise and corporatise the business of apparel alteration in Singapore.”
More on this pattern.
