Not 'business as usual': How can social entrepreneurs fight coronavirus?

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[LONDON] As leaders who aim to solve a diverse range of problems, from poverty to pollution, social entrepreneurs are not afraid to roll up their sleeves and help in a time of crisis. Read more at The Business Times.

"In times of deep crisis comes deep reconsideration about the way we as a society conduct business, so I am placing my bets on the second option: as social businesses, I trust we will show the world that doing well by doing good is the only way forward.

"Greatly resourcing these leaders is critical to their impact mid-crisis, but it is just as important that this support continues post-pandemic to provide them the runway to rebuild and re-imagine our collective futures.""Social entrepreneurs are a vital link between coordinated, country-level responses and those looking for active ways to help respond.

"This moment of urgency is forcing new levels of trust and collaboration that will hopefully last. We can't afford to snap back into business as usual.""It's amazing to see many of our social entrepreneurs adapting their business models - like craft company RangSutra in India now producing masks instead of clothing and fabrics.

"But as an impact-investing community we need to come together to ensure these companies receive short-term liquidity and payroll relief to survive this crisis.""Social entrepreneurs are already pivoting to more virtual models, embracing remote learning, combating misinformation, providing mental health support, and supporting critical supply chains.

"Many are stepping up in the fight against Covid-19 by partnering with government in different ways."

 

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