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.

Fresh Routes is a not-for-profit social enterprise that is focused on creating new, innovative ways of providing healthy and affordable food to as many Canadians as possible-especially those who need it most. Their mobile grocery store (bus) brings healthy, fresh, and affordable food into neighborhoods facing barriers – allowing choice, maintaining dignity, and building community.

CareFind is a centralized interactive online platform with images, unique programs and more, which connect parents to real-time openings for child care. These are posted by accredited and or licensed daycares, preschools, out of school care programs, and approved day homes in Calgary and area for full, part-time, and drop-in care. This reduces the time that parents normally spend searching by having all child care providers housed under the same network, which highlight their availabilities.

The Institute for Innovation and Entrepreneurship at Mount Royal University partners with the Trico Charitable Foundation to tackle social and environmental problems submitted by Calgary’s network of social innovation leaders.

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%.

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