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|Tuesday, August 17, 2010|
Portland is earning a reputation as a hub for business minds who want to change the world. Several local companies are finding a way to make a profit and actually do a little good for the world at the same time.
The concept is called social entrepreneurship, and the idea is to find a business model that can solve a social or environmental problem while also being profitable and self-sustainable. The term was coined in the 1980s, but in recent years it has gained more attention and is finding success in the Portland area.
Adrienne Karecki, the director of business enterprises at Central City Concern (CCC), which helps Portland-area homeless people get back on their feet, was looking for a partner to help establish a business for her organization. At a PSU fundraiser event Karecki was approached by a fellow member of the PSU incubator, Sustainable Harvest, and an idea sparked.
Karecki was thrilled with opportunity to work with Sustainable Harvest, and the PSU incubator.
“It was amazing timing and really the concept has gone back and forth between us, and if the numbers pan out and we can train a large number of people we want an ultimate goal of turning a profit to financially support both our programs,” said Karecki.
Jessica Hoch is an online reporter for Oregon Business.
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