Green Entrepreneurship in the Global South: Evaluating the Socioeconomic Impact of Sustainable Startups

Abstract

Background:
Green entrepreneurship is gaining traction globally, especially in the Global South, where sustainability challenges intersect with poverty alleviation and employment generation. Despite this, the long-term socioeconomic benefits of such ventures remain underexplored.

Objective:
This research investigates how green startups in emerging economies contribute to sustainable development goals (SDGs), particularly job creation, social equity, and environmental preservation.

Methodology:
The study employed a mixed-methods approach. Primary data were gathered from 50 green startups across Brazil and India through structured interviews and surveys. Quantitative data analysis was conducted using SPSS to assess impact on employment, community engagement, and ecological sustainability.

Findings:
Results reveal that green startups significantly improve local employment rates, especially among youth and women. Many adopt inclusive business models, reinvesting in community-based infrastructure and education. However, challenges such as limited funding, regulatory bottlenecks, and market access persist.

Conclusion:
Green entrepreneurship presents a viable strategy for sustainable growth in developing countries. Policy support, access to green finance, and business mentoring are essential to scale up impact. Collaboration with NGOs and international donors can enhance both reach and resilience.