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.

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.

We are pleased to announce the five local social ventures that will be competing for $10,000 on September 16 as part of Social Entrepreneurship Day in Calgary (listed alphabetically): Age-in-Place Laneway House aGRO Systems Bundles of Hope Deepwater Farms Green Cup

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