Social enterprise crowdfunding in an acute crisis

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A1 Alkuperäisartikkeli tieteellisessä aikakauslehdessä
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Date

2021-06

Department

Department of Management Studies

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Language

en

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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.

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Keywords

Social entrepreneurship, Crowdfunding, Crisis management, Communication, Community, Entrepreneurship policy, Rapid response, COVID-19

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DOI

10.1016/j.jbvi.2020.e00211

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

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https://urn.fi/URN:NBN:fi:aalto-2020123160283

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[article-cris] Kauppakorkeakoulu / BIZ