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.

Calgary social enterprise Earthware is offering people the opportunity to affect real change by using a return-for-reuse zero waste takeout container program. Founder John MacInnes discusses IRP funding, a plethora of learnings, and overcoming challenges.

Taproot Publishing Inc. sees a future in which communities are served by sustainably funded acts of journalism facilitated by technology. They equip individuals and organizations with the information they need to contribute to their community, make good decisions, and stay engaged with others. Co-Founder Mack Male discusses IRP funding, implementing sales, & building a thriving team.

Ethically Aligned AI is a tech start-up and social enterprise that is on a mission to help organizations build better AI systems and help people to make sound choices in selecting trustworthy AI-enabled products or services. Founder & CEO Katrina Ingram, discusses IRP funding, a plethora of learnings, and reimagining the future.

The honorary degree is the highest honour the University of Manitoba can confer upon an individual for distinguished achievement in scholarship, the arts, or public service. During Spring Convocation 2023, honorary degrees were bestowed upon six exceptional individuals including Wayne Chiu, Founder of The Trico Charitable Foundation (TCF) and Trico Group. We are unbelievably proud of his accomplishments and inspired by his constantly evolving vision of how business models can serve society!

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