Although Raizcorp resists the term “social enterprise” it has often been described as one owing to its philosophical approach to all new business. Raizcorp will not pursue any new opportunities unless the two criteria below are satisfied:
Our purpose is to support entrepreneurs and those within the entrepreneurial ecosystem to become sustainable and profitable. We will not pursue any potential new business that does not provide the opportunity for creating a genuine impact.
It is our strong philosophical belief is that only for-profit organisations can authentically support entrepreneurs and entrepreneurial businesses to become profitable. Raizcorp is therefore a proudly for-profit organisation and we pursue only those opportunities that are able to generate sustainable profit in the medium to long run. One hundred per cent of the profit we generate is reinvested into growing the business so that we can sustainably create an increasing amount of impact in the world.