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Bangladesh Social Enterprise Project - Bangladesh Enterprise Institute

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Study on the Perception of <strong>Social</strong> <strong>Enterprise</strong>s in <strong>Bangladesh</strong><br />

In 2009, <strong>Bangladesh</strong> <strong>Enterprise</strong> <strong>Institute</strong> (BEI) convened the study on the “Perception <strong>Social</strong><br />

<strong>Enterprise</strong>s in <strong>Bangladesh</strong>”. This study was a part of the <strong>Bangladesh</strong> <strong>Social</strong> <strong>Enterprise</strong><br />

<strong>Project</strong> (BSEP), initiated by the <strong>Bangladesh</strong> <strong>Enterprise</strong> <strong>Institute</strong> (BEI) in association with the<br />

Foundation for Development Cooperation (FDC) based in Australia and Libra Advisory<br />

Group based in UK. The project started on February 1, 2009 with the support of the British<br />

Government’s Department for International Development (DFID).<br />

The main objective of the study was to<br />

understand the perception of social enterprises in<br />

<strong>Bangladesh</strong>. Survey data for the study was<br />

collected in Eight (8) weeks timeframe (June<br />

2009‐July 2009) from a sample of 37 individual<br />

companies in <strong>Bangladesh</strong> through random<br />

sampling using a semi‐structured questionnaire.<br />

The respondents for this study were from the<br />

Non‐Government Organizations, Multinational<br />

Corporation, Development Partners, Banks, Local<br />

Companies, Government Representatives,<br />

Consulting Firms and Universities.<br />

Respondents Percentage<br />

(%)<br />

NGOs 16<br />

MNCs 11<br />

Development Partners 27<br />

Banks 14<br />

Local Companies 13<br />

Govt. Representatives 5<br />

Consulting Firms 8<br />

Universities 6<br />

Total (%) 100<br />

Research Findings<br />

Understanding the concept of <strong>Social</strong> <strong>Enterprise</strong>:<br />

Majority of the respondents highlighted that they<br />

have a good understanding of the concept of<br />

social enterprise. For example, 62.2% of the<br />

respondents have moderate understanding where<br />

as 27% of them have significant understanding.<br />

As indicated in figure 02, the majority of the<br />

respondents define social enterprise as business<br />

with social welfare and profit<br />

objective (56.8%), business<br />

responsible towards all<br />

stakeholders (35.1%), and reinvesting<br />

profit for growth<br />

(32.4%).

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