Social entrepreneurship is increasingly becoming an alternative to traditional development programs in Africa because the model combines innovative social solutions with sustainable business models that enable long-term, widescale impact. Especially in markets where traditional civil society has not made much headway.
Reach for Change and the IKEA Foundation announced a new partnership in 2017 to put social entrepreneurship on the map in Ethiopia and support 120 outstanding entrepreneurs develop social enterprises that improve the health, education and the protection of children in Africa’s second most populous country. The rapid scale program is a cutting-edge initiative that was rolled out to enable more experienced social entrepreneurs to increase their impact and scale their innovations at an accelerated rate. The program includes technical expertise around business development, financial management and leadership & governance among others.
So far the partnership has allowed 31,400 vulnerable children to enjoy better health, do better at school, and be protected from trafficking and abuse.