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.

Happy New Year! The start of 2022 gives us the opportunity to reflect and learn from 2021. Although 2021 came with its many challenges, the past twelve months were busy, historic, and made great progress in advancing both social entrepreneurship and Calgary's role as a hub for social entrepreneurship.

Prizes have the power to incentivize and the Trico Charitable Foundation has delivered $270,000 to social enterprises in Canada to help advance their work in using business models to solve social problems. Social enterprises across the early, middle and advanced stages were celebrated at the Pivot on Purpose Summit delivered in collaboration with the Haskayne School of Business.

Ten social enterprises have been selected as 2021 finalists for What’s Next YYC, a biennial award created by the Trico Charitable Foundation in 2019 to celebrate and advance excellence in social entrepreneurship in Calgary. What’s Next YYC features two $25,000 jury prizes, a $25,000 audience choice, and $25,000 the finalists share amongst themselves. To help the POP audience and others get to know these social enterprises better, this blog series will have each finalist answer ten questions – five basic questions and five from local funders.

Ten social enterprises have been selected as 2021 finalists for What’s Next YYC, a biennial award created by the Trico Charitable Foundation in 2019 to celebrate and advance excellence in social entrepreneurship in Calgary. What’s Next YYC features two $25,000 jury prizes, a $25,000 audience choice, and $25,000 the finalists share amongst themselves. To help the POP audience and others get to know these social enterprises better, this blog series will have each finalist answer ten questions – five basic questions and five from local funders.

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