DEVELOPMENT OF SOCIAL ENTREPRENEURSHIP: FINANCING MECHANISMS AND PRACTICAL PROJECTS

Abstract

Social entrepreneurship has emerged as one of the most effective approaches for addressing social challenges while simultaneously contributing to economic development. Unlike traditional business models that primarily focus on profit maximization, social enterprises seek to create measurable social value through innovative and sustainable solutions. However, the long-term success of social enterprises largely depends on access to diverse financing mechanisms and the effective implementation of practical projects. This article examines the theoretical foundations of social entrepreneurship financing, analyzes contemporary funding models, and evaluates practical project implementation strategies. Particular attention is given to the experience of Uzbekistan, where recent reforms have encouraged the development of socially oriented enterprises. The study demonstrates that a balanced combination of public support, private investment, commercial revenues, and innovative financing instruments can significantly improve the sustainability of social enterprises. The findings indicate that effective project management and impact measurement are critical factors in achieving long-term social and economic outcomes.