Participant’s survey outcomes
Response rate: 60% On the potential for social enterprises to contribute to solving key issues in East Africa: Lowest score 1 (given once) Highest: 10 (given 15 times) Average: 7.7 Median: 7 Some survey statistics:
Capacity building (on the side of social enterprises) in terms of marketing, finance, business case development, etc. Develop business sense (on the side of social enterprises) Knowledge gap / Communication of possibilities Networking Access to (affordable) financing Government regulations Education / involvement of youth Importance of research Themes/issues mentioned most:
Issues that need to be addressed to help social enterprises to fulfil their potential:
“Avoid become another synonym for NGO” “Social enterprises need to communicate their results to the broader worldwide community to make people aware of their activities”
“Realistic expectations; understanding of impact sometimes being long term / intangible” “Visibility and innovation among the social enterprises”
“Social impact investors tend to concentrate their focus on the commercial aspect of businesses” “Improving the access to finance at affordable rates for social enterprises”
“Support towards market linkages and understanding the market needs” “Increased public / INGO investments in capacity building to social business ventures”
“Much as these social enterprises aim at solving key social issues, they end up aiming at making subnormal profits which makes them fail”