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Social business venture: These models are set up as businesses that are designed to create change through social means. Social business ventures evolved through a lack of funding. Social entrepreneurs in this situation were forced to become for-profit ventures, because loans and equity financing are hard to get for social businesses. [52]
The National Civic League was founded as the National Municipal League in 1894 at the National Conference for Good City Government in Philadelphia. [5] [6] The convention of politicians, policy-makers, journalists, and educators (including Theodore Roosevelt, Louis Brandeis, Marshall Field, and Frederick Law Olmsted) met to discuss "incompetence, inefficiency, patronage and corruption in local ...
The mission of the Office of Social Innovation and Civic Participation is to strengthen and support the social sector. [9] This includes nonprofit organizations, foundations, and social entrepreneurs, non-governmental organizations, mission-driven business, and multinational developmental banks.
Opportunity International is a 501(c)(3) nonprofit organization chartered in the United States. Through a network of 47 program and support partners, Opportunity International provides small business loans, savings, insurance and training to more than 14 million people in the developing world.
Civic engagement reform arose at the beginning of the 21st century after Robert Putnam's book Bowling Alone brought to light changes in civic participation patterns. Putnam argued that despite rapid increases in higher education opportunities that may foster civic engagement, Americans were dropping out of political and organized community life.
After recurring protests in front of City Hall for several months, on 4 March 2008, the city council voted to rescind the "Little Saigon Business District" name, but stopped short of renaming it "Little Saigon". Instead, they proposed setting up a process by which business owners could choose district names. However, anger against Nguyen remained.
The United Nations defines community development as "a process where community members come together to take collective action and generate solutions to common problems." [1] It is a broad concept, applied to the practices of civic leaders, activists, involved citizens, and professionals to improve various aspects of communities, typically aiming to build stronger and more resilient local ...
The local multiplier effect (sometimes called the local premium) is the additional economic benefit accrued to an area from money being spent in the local economy.The concept has been taken up by advocates for "spend local" campaigns in addition to more formal treatments in the area of regional economic development.