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.

NOTE: This article was originally published on Carleton Stories and has been cross-posted with permission. Written by: Dan Rubinstein Photos by: Chris Roussakis Babur Jahid, a third-year Biology and Health Sciences student at Carleton, has a clear vision for the road ahead. After graduating, he plans to follow his passion for medicine to Harvard and complete the MD/MBA program. Then he’ll return to his native Afghanistan and work with the government to make health care more accessible.

Since 2013, Montreal native Benjamin Prunty started working on the development of a student-run, healthy, and accessible café at Concordia University called the Hive Cafe Solidarity Cooperative.

Justin Philmore Brown and Richard West are great examples of how Canadian students are creating social impact through community engagement, innovation, and a deep-seated ambition to make a difference.

To give you an example of just how similar our challenges are, I want to focus on a recent and wonderful publication called “Breakthrough Business Models: Exponentially More Social, Lean, Integrated and Circular” by Volans.

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