The Vaught Fund for Social Entrepreneurship was established by Raleigh County natives Chris and Debbie Vaught in 2022. As the term implies, social entrepreneurship is a movement that seeks to solve society’s problems by applying creative, out-of-the-box thinking often embraced by entrepreneurs. The fund’s goal is to promote and support innovation and entrepreneurship for addressing community needs. For example, grants from the fund can help new organizations design and implement solutions for recently identified problems. Existing organizations might also expand their offerings or add a social component. Cultivating collaboration among groups to create efficiency and leverage combined strengths is a component of attaining this objective.
