Page 13 - INNO4CHANGE_WP3_M6_Guiding session_EN

TESTING

Testing refers to the systematic process of evaluating and refining various aspects of a

social enterprise's model, operations, and impact to ensure its effectiveness,

sustainability, and alignment with social objectives. This process involves gathering

feedback, assessing feasibility, measuring impact, and iterating on the business model

to optimize both financial success and positive social outcomes.

Testing in social business encompasses a holistic approach that goes beyond traditional

business metrics, considering the social and environmental impact as integral

components of success. It involves engaging stakeholders, including the community

and beneficiaries, in the evaluation and refinement process to create a sustainable and

impactful business model.