The core mission of Humanim has always been centered on creating economic opportunity for people facing barriers to employment. Our team has always been and will always be passionate about creating innovative solutions which solve social problems. There is no better time than now to work in a collaborative way to find solutions that increase the economic stability of families.
Humanim has recently launched a division dedicated to development of social enterprise operations within Maryland. We see the development of social enterprise ventures as a means to significantly increase employment opportunities for individuals facing barriers to success. Our focus is on creating businesses that provide more than just a job -- they offer the employee a career ladder while simultaneously helping to solve societal and environmental problems through market-based solutions. In addition, our businesses not only create jobs but will create economic opportunity for ancillary business development for community residents.
Humanim adheres to the business approach that an organization addresses social and environmental challenges with a true value proposition that provides the consumer with a competitive advantage. If a company can provide the consumer with what they need at the right value and allow them to contribute to solving social and environmental challenges, it will have strong market appeal. The result is a sustainable approach for creating a reliable revenue stream of unrestricted funds, thereby extending the efficacy of the nonprofit in meeting tomorrow’s challenges.
Our Social Enterprise focus falls directly in line with the Social Enterprise Alliance (SEA) in its three characteristics that distinguish a social enterprise.
- It directly addresses an intractable social need and serves the common good, either through its products and services or through the number of disadvantaged people it employs.
- Its commercial activity is a strong revenue driver, whether a significant earned income stream within a nonprofit’s mixed revenue portfolio, or a for profit enterprise.
- The common good is its primary purpose, literally “baked into” the organization’s DNA, and trumping all others.
We feel that social enterprises can and will produce higher social returns on investment than simply following the traditional non-profit model.
The social enterprise community in Baltimore is growing, and we are excited to be a part of it. Join Humanim in reinvesting profit to rethink and fulfill our social and objectives to collaboratively grow our business. If you have an idea that benefits our community, economy, and the world, let us know! We value partnerships!