Abstract
Social entrepreneurship is one of the branches of entrepreneurship that seeks to reduce or solve community problems innovatively using business methods. This type of entrepreneurship differs from traditional entrepreneurship because of the dual nature and mission, and investors in these plans need different criteria with conventional evaluation criteria to evaluate an effective option. For this purpose, the purpose of this study is to determine the effective social criteria in evaluating social entrepreneurship for investment according to research conducted on social entrepreneurship and types of social investors (social venture capital, philanthropic venture capital and impact investment). The present study propose four criteria of investment feature in terms of social criteria, entrepreneurship feature in terms of social criteria, combined expected return and combined expected risk as the main criteria of evaluating social entrepreneurship for impact investment using the content analysis method.