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.

There are a growing number of events connected to social entrepreneurship. Many of them happen in our home city, demonstrating what an incredible hub of activity Calgary is. The Trico Foundation team is pleased to attend many of them and wish we could attend more.

On September 27th, 2018, from 11:00 am-1:00 pm, the Trico Changemakers Studio will host the official grand opening showcase where you can meet some of their studio members and learn how they are making a meaningful difference. Not only is The Trico Changemakers Studio a co-working space for inspiring changemakers, it is also a place for research projects, furthering Indigenous and non-Indigenous reconciliation, advancing the Ashoka U Changemaker Campus designation, paid internships, student membership, community membership, and more.

When one hears “entrepreneur”, I’m sure the descriptions of trailblazer, problem-solver, innovator or risk-taker pop into the listener’s head. It becomes a description for someone who is brave and ready slay the dragon but also prepared to be imprisoned by the belly of the beast and make their way out to try again. It means never giving up, fail forward, solve the problem, and make a difference—create real change. With these admirable traits, who wouldn’t want to be considered an entrepreneur?

Trico Charitable Foundation is excited to announce the partnership and sponsorship with SVI Alberta, working alongside Momentum (Thrive), Social Enterprise Fund (SEF), and in cooperation with the Social Venture Institute Hollyhock (SVI). Trico is committed to the development of the social entrepreneurship ecosystem and believe this event will advance that ecosystem.

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