Importance Of Community Entrepreneurship In The Society

By Paulette Short


In the current world set up, poverty has been a major threat to the security and stability of the nation at large. Poverty sparks a lot of insecurity, since the poor will tend to use other methods to achieve their demand. In order to solve this menace, some strategies and techniques have been put in place to address it. Community entrepreneurship, as it is called, has helped find some concrete solutions to this. It involves the act of developing or establishing good business foundations within the society to help solve the specific problems of that society.

This is majorly done by having students going through vigorous training on how to understand the need and satisfaction of the people in that society and even acquiring the basic skills that are helpful in initiating good business enterprise to solve the local problems.

The skills acquired so far are the entrepreneurial skills in relation to the corporate social responsibility and a healthy economic growth and development. The knowledge of the social responsibility assists the student with the expertise of a deeper understanding of the society need and preferences as a well as mood.

This in return help the students to offer the most immediate and effective solutions to these problems. This is done through conducting the most famous corporate social responsibilities. These include activities like general market cleaning, conducting social events like competitions, and even engaging in scholarships and sponsorship.

The skills on the social responsibility on offer in this training, concern about how social aspect of the society can be improved. These include how to raise living standard and offering the commodities that specifies the consumer demand. It also involves the activities like market research, marketing strategies to identify the most urgent requirement of the society.

Some of the issues addressed in the plan is the provision of education and other social and economic amenities. Through education, students from the poor backgrounds get the opportunity to further their studies and compete with their counterparts from the wealthy families. They are therefore able to acquire knowledge which is helpful in the long run.

In order to achieve full social empowerment scholarship are given to the less fortunate members of the society to empower them academically. Once obtained, the knowledge is used to establish the various investments within the society.

On the other hand, basic services like clean water, disease eradication and electricity and other public services are provided. The community entrepreneurship possesses a critical role in the society and this is evident in the rampant growth of small towns within the society. With numerous investments taking shape at local level the impact can be felt.

Community entrepreneurship has played a very pivotal role in growing the economy. It provides the service that may not be fully funded by the government or by any agency. It helps understand the basic and urgent services required within the society and adopting the best solutions to these problems. With the services been in place most students from poor families are able to obtain scholarships. The basic commodities have also been made available and this has led to large scale empowerment of people within the society.




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