ABSTRACT
This chapter identifies methods to fund and finance social enterprises. Literature about funding and financing tourism and hospitality social enterprises is scarce. As in any other business venture, access to capital is crucial to the creation of social enterprises. For the social entrepreneur, as any other business entrepreneur, finding sources of financing is important to ensure the net positive outcome of the venture. Social enterprises are often funded and financed using a combination of three sources: non-market resources such as government subsidies and private donations; market resources such as the sales of products or services and non-monetary resources such as volunteer work. Conventional financing players have increasingly opened up to social entrepreneurs as financial intermediaries and adapted some of offers accordingly. Traditional corporations with a clear goal of maximizing shareholder value are increasingly attentive to the social and environmental changes taking place in their operating environment.
