Create an annual Social Entrepreneurship Award, which will bring recognition to existing social businesses and inspire others to start up or improve
Create an annual Social Entrepreneurship Award for the Caldas region, which will bring recognition to existing social businesses and inspire others to start up or improve their existing business model.
Each year the local community should nominate social businesses which they think deserve the award. Nominations could be devided into more catagories such as Health, Environment, Safety, Education, Leadership
Each year 3 businesses from each catagory will get through to the final round, where the winner is chosen by a board of successful and recognized business leaders (CEOs, Board Directors, Investors etc).
The award will be given out at a gala, attended by the media, which will help spread the message.
The winners could be given a monetary prize, which should be re-invested into growing the business. Other services could be provided as part of the award as well, such as mentoring by a recognized business person.
The annual award could be created as a CSR initiative, by collaborating with a multinational company which wish to market itself as socially responsible, such as Procter & Gamble.