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The Program on Social Enterprise (PSE) supports faculty, students, alumni, and practitioners interested in exploring the ways in which business skills and market disciplines can be harnessed to most effectively and efficiently achieve social objectives. PSE explores work on nonprofit and public sector social entrepreneurship as well as initiatives in private sector social enterprise.

About the Program on Social Enterprise

SOM students in India

Under the leadership of faculty director Robert Jensen, professor of economics, and executive director Tony Sheldon, the Program on Social Enterprise (PSE) supports scholars, students, alumni, and practitioners interested in exploring the ways in which business skills and market disciplines can be harnessed to most effectively and efficiently achieve social objectives. PSE facilitates work on nonprofit and public sector social entrepreneurship as well as initiatives in private sector social enterprise.

Our activities span courses, research, conferences, and publications.  In addition to these formal activities, the PSE also serves as a focal point for social enterprise-related activities at SOM, facilitating, advising, and drawing connections among students, faculty, the Yale community, and the broader network in the US and internationally of interested practitioners and institutions.

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Blueprint for Enterprise Capital

Andrea Levere, SOM ’83 (President Emerita of Prosperity Now and PSE Fellow) and five SOM alumni (working as her research assistants) articulate the challenges that nonprofits and social enterprises face in finding appropriate funding to build capacity and scale. They explore the value of “enterprise-level capital,” or philanthropic equity, in transforming how organizations can stabilize, innovate or grow. Their “Blueprint for Enterprise Capital” maps out a product design and program-delivery structure for funders and investors ready to embrace this approach, with four case studies that illustrate the transformative value of this form of capital.

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