Social entrepreneurs live or work in communities where a basic social good or service is not delivered. A social entrepreneur recognizes this need and works to establish a business or organization to supply it. Trends in Entrepreneurship Entrepreneurs create approximately 600,000 to 800,000 new businesses each year. Graduates and university students in IT related fields are becoming entrepreneurs in IT, e-commerce and electronic engineering businesses. Entrepreneur training programs through local colleges give entrepreneurs skills and business acumen to develop ideas into real businesses.
Programs cover issues such as financing, legislation, marketing and accounting practices.
Programs aimed at developing women and minority entrepreneurs , often offer technical assistance, access to capital, administrative services, information, networking and incubators. Angel venture capitalists target university alumni and students for their connections to cutting edge technologies, research and development. States are trying to mobilize networks of angel investors who meet regularly and listen to presentations from local companies seeking investments. Growth in the entrepreneur population has been fueled by investments of personal savings and lower risk among those with few or no children.