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(KNSI) – An organization will award $30,000 a year for the next two years to eight people to develop them into leaders and social entrepreneurs.
“It’s a business that has both a profit motive and a purpose motive. It’s a business that has a mission. A social mission of some sort or an environmental mission of some sort. And, you know, is trying to make a profit, or at least support itself.”
He says the $30,000 is intended to help the recipients pursue any idea they want, even if it means possibly dialing down their full-time work. The stipend helps with living expenses and training expenses to get their plan off the ground.