Social enterprise crowdfunding in an acute crisis

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Journal Title
Journal ISSN
Volume Title
A1 Alkuperäisartikkeli tieteellisessä aikakauslehdessä
Date
2021-06
Major/Subject
Mcode
Degree programme
Language
en
Pages
Series
Journal of Business Venturing Insights, Volume 15
Abstract
Social enterprises can play a pivotal role in mitigating the negative effects of major crises if these ventures are able to attract enough funding for their activities. Our research reflects on the experiences of a UK-based crowdfunding platform, UpEffect, to develop understanding of the key challenges for social enterprise crowdfunding at the time of COVID-19. Specially, we offer and synthesize three perspectives (social enterprises, funding crowd, and crowdfunding platforms) to illuminate key strategies that crowdfunding platforms, like UpEffect, can employ to support social enterprises in enacting solutions for COVID-19 affected people and communities.
Description
Keywords
Social entrepreneurship, Crowdfunding, Crisis management, Communication, Community, Entrepreneurship policy, Rapid response, COVID-19
Other note
Citation
Farhoud, M, Shah, S, Stenholm, P, Kibler, E, Renko, M & Terjesen, S 2021, ' Social enterprise crowdfunding in an acute crisis ', Journal of Business Venturing Insights, vol. 15, e00211 . https://doi.org/10.1016/j.jbvi.2020.e00211