FAQ: What’s the Definition of Social Entrepreneurship?

This is a blog series dedicated to the frequently asked questions we get during the Ask Me Anything About Social Enterprise (AMAASE) sessions. One frequently asked question we get asked is “what is the definition of social enterprise?”

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Prizes of $270,000 celebrate all stages of social enterprises across Canada

At its core, social entrepreneurship uses business models/ markets to solve social problems. Regardless of whether it’s an individual or an organization, regardless of their choice of incorporation- non-profit or for-profit, these elements are the driving and amplifying force.

We support social entrepreneurship.

We are a private foundation that believes in supporting social entrepreneurship through programmatic, grant making, and partnership approaches. We take a systems view to every decision we make and foster social entrepreneurship by supporting the ecosystem and providing social entrepreneurs with capacity building resources.

We are entrepreneurial.

We believe in making social entrepreneurship mainstream. We know we can’t do it alone. Which is why we don’t just fund organizations; we work with them and learn with them to move the sector forward, taking risks along the way.

Alexandra Sangster, Sarjesa Founder & CEO, Operations Manager for Trico Communities, and former Trico Foundation Liaison for Local Student Social Entrepreneurs, sat down with 2C Media and shared her journey and learning from a life dedicated to social impact.

Fogo Island Inn is an initiative of Shorefast, a registered Canadian charity established to build economic and cultural resilience on Fogo Island,

The Trico Foundation testing sheet is all about getting social entrepreneurs to explore their assumptions so they can make sure a test gets them what they need to learn as quickly, frugally, and effectively as possible. 

Today’s Mystery: Affordable Eyecare I'm a social enterprise and my dilemma is I want to get glasses and eye exams to a population that is low income, but they're actually working. We want to use a business model, in other words selling a product or service, without resorting to government support or grants. How would you tackle this issue?

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