On behalf of the Trico Charitable Foundation, we hope everyone is staying home, safe, and healthy. We would also like to extend a huge thank you to everyone doing their part as we navigate through the unknown.
In response to COVID-19, the Trico Charitable Foundation has taken our $250,000 annual A.S.E.S.S. budget for local social enterprises and re-allocated it to charitable organizations that are working on the front lines to address COVID-19’s impact on those experiencing poverty. Click here to read more.
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.
The first biennial What’s Next YYC was held in November 2019 and from the outstanding pool of 10 finalists, Beaverlodge was one out of three Judge’s Choice recipients, receiving $25,000 in prize money. Beaverlodge makes it easier for people to get bulk discounts as they make their homes more efficient. The user follows a series of steps on their phone and they end up with a road map to reduce their emissions by 50%.read more
Among the 10 impressive What’s Next YYC finalists who are using the power of business models to solve social problems is the Indigenous-run social enterprise Colouring It Forward. Colouring It Forward produces and sells colouring books and other products developed with Indigenous artists and elders to help to share (and preserve) the beautiful artwork and ancestral wisdom of our Indigenous peoples and promote reconciliation through the arts.read more
It is no secret that ideation is HARD, especially when you are tackling complex issues. That is why Mount Royal University’s (MRU) Institute for Innovation and Entrepreneurship and the Trico Charitable Foundation are excited to launch the Social Entrepreneurship Sprint this August!read more
WINS has continued to “think differently” when trying to operate in a difficult economy and navigate the COVID-19 pandemic. WINS had to reimagine how they combined the social and entrepreneurial so they could enhance their revenue and social impact at the same time – the ‘secret sauce’ of social entrepreneurship. Of course, the enhanced revenue, in turn, goes to fund even more social impact.read more