StreetShine, UK’s Social Enterprise: Making the Business to make a Difference
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Code : SEP0012
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Region : USA
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Introduction: Since the late 1990s, there has been an increasing competition for funds among various social service organizations across the globe. However, it is widely felt that like business organizations,which develop products to satisfy the unfulfilled needs of their customers, social enterprises too have to come outwith innovative, workable businessmodels to solve social problems.One such initiative is StreetShine,which was set up by NickGrant (Grant) at London inMarch 2004. It identifies, trains and employs the homeless at London in shoe-shining. Though it has only seven shiners (as their employees are called), the company has made a difference in employee’s lives and gained a positive response from its clients,which include well-known corporates.Due to its unique concept and its aimto become financially self-sustaining by 2007, StreetShine facesmany challenges associatedwith social enterprises. |
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