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.

Today, the Trico Foundation team is very excited to share that Alexandra Daignault (who is returning for her second summer with us!) and Victoria Ross will be joining us from May to August as we are truly inspired by their passion for their ventures. We look forward to working with them as they develop their social enterprises, learning from them as they bring their ventures through our A.S.E.S.S.  process. See below to learn more about Alexandra, Victoria, and the ventures that they will be working on over the summer months.

The social entrepreneur/changemaker sums up his journey as “fumbling towards ecstasy”. He thinks collectively we could be on the cusp of a renaissance in social problem solving, but the 1st step is how we each work on ourselves. With the benefit of his inspiration & insights, we should see less fumbling & more ecstasy.

“The Story of Louis Pasteur” and “Einstein & Eddington” offer powerful insights into the importance of learning. At the heart of learning, is how we respond to questions & frustrations. Never forget; every frustration or disappointment you encounter is a really a ‘golden-opportunity question’ hidden under bad branding.

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