UNENF is an international contractual joint venture ruled in accordance with the International Trade Centre – UNCTAD / WTO model agreement.

The UNENF’s capital is composed by the inter-change of experiences, know-how, business and investment opportunities and all the resources originated by the strength of Entrepreneurs worldwide.

UNENF is the abbreviation for United Entrepreneurs Fund. Entrepreneurs worldwide join under a common purpose: Social Entrepreneurship – the contribution of the entrepreneurs to sustainable development.

Social entrepreneurs endeavor to create social value through innovative, entrepreneurial business models.

The potential market for these entrepreneurs is huge because of the wide range of social needs that remain unsatisfied by existing markets and institutions. Social entrepreneurs often create tremendous value when they cater to very basic humanitarian needs; for example, by providing medicines or food, which can be a matter of life or death for those who receive them.

However, the challenges these entrepreneurs face are severe.

Their “customers” may be willing, but often unable, to pay even a small portion of the cost of the products and services provided.

Many social entrepreneurs operate in developing countries that have no structures or resources that would enable and support traditional entrepreneurship.

Therefore, social entrepreneurs must create novel business models and organizational structures, and unique strategies for brokering between very limited, disparate and often dynamic resources to create social value.

Perhaps the greatest challenge is to capture some of the value created in financial terms, or to secure external financing, merely to keep their organizations running.

It is even more difficult to expand the operational scale and scope, and to satisfy personal needs for income.

Social entrepreneurship (SE) may provide some fascinating new insights that could expand the thinking and toolkits of traditional entrepreneurs, as well as enrich designs for more socially acceptable and sustainable business strategies and organizational forms.

Most definitely, the insights are of huge relevance to the wider social sector. An example of the attention the field is receiving and its potential contribution to our understanding of effective organizations is Sekem.

In 2003 this Egyptian social enterprise received the “Right Livelihood Award”, also known as the “Alternative Nobel Prize”, in recognition of its achievements in integrating commercial success with social and cultural development. The jury saw in Sekem a business model for the 21st century.

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UNENF does not provide services to the public and it doesn’t have any kind of commercial activity. UNENF is a “for members only” Joint Venture.

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