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.

“This program represents a ‘summer of opportunity and social impact’, for the student and the Trico Foundation”, said Overall. “The student will be able to move their venture forward while generating additional income and plugging into our support services, network activities and events; and we get another bird’s eye view on what is needed to take promising social enterprises to the next level. It’s a real win-win.”

Happy New Year! The start of 2020 gives us the opportunity to reflect and learn from 2019. 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.

Congratulations to Skwachàys Lodge, recipient of the national Social EnterPrize, and Beaverlodge, CMNGD, Universal Access, and Deepwater Farms for receiving the What’s Next YYC awards.

“These 10 may well be the most amazing collection of Calgary social entrepreneurs I have ever seen. Their diversity, ingenuity and momentum confirm Calgary is a hub of social entrepreneurship activity.” says Dan Overall, Executive Director of the Trico Charitable Foundation.

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