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.

To commemorate the first official Social Entrepreneurship Day in Calgary, Trico Charitable Foundation is pleased to announce $700,000 in local social entrepreneurship programming. "The existence of the Social Entrepreneurship Day Proclamation as well as the wonderful sentiments it contains (the Proclamation is attached to this News Release) are a fitting testament to the extraordinary momentum Calgary is gathering as a hub for social entrepreneurship" says Dan Overall, Director of the Trico Charitable Foundation. "We are honoured to both celebrate and support that momentum with this commitment to our home city."

ShelterBox was started in 2000 in the UK by an ex-military serviceman who had seen a need for shelter and supplies to be delivered to families effectively and immediately after a disaster. Since then, the organization has grown into a global leader in providing high-tech shelter solutions and supplies to families in over 100 countries around the world.

Our Q & A with Kody Baker, Founder and CTO of VeloMetro, discusses the founders’ social entrepreneurship journey, “Aha!” moments, the startup lifestyle, their vision that drives them, and much more.

It was an idea Julian Sharpe couldn’t let go – the devastation caused by the 2004 Mega Thrust Earthquake and Tsunami Wave in Indonesia. It didn’t help that the more research he did, the more he learned that this was a global issue, meaning it would happen again and in more places.

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