Today’s the concept of social entrepreneurship; social capital and venture capital are defined by several experts. This case study sets out to gain an understanding of the relation between social capital and venture capital in Uppstart Malmö, a new social entrepreneurial organization which focuses on creating job opportunities in the city of Malmö, where unemployment rate is comparatively high. Analyzing empirical data from interview and other documentation, the results show that Uppstart Malmö is concentrating in the social dimension of enterprise and emphasizing on social capital more than venture capital. While by some means, the foundation is going toward achieving social goal. Uppstart Malmö is not yet an ideal model for completely social organization and commercial signs can be seen in their plans.