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.

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

We ask the acclaimed author of “Lean Startups for Social Change: The Revolutionary Path to Big Impact”: What’s your elevator pitch on the promise and power of bringing lean startup thinking to the social sector?, What is typically the greatest challenge for social organizations as they try to use lean startup thinking? and Explain the idea of “the one metric that matters”?

This is part of our series focusing on The World of Social Entrepreneurship, showcasing social impact stories at Beakerhead 2016. Our Q & A with Gavin Armstrong, Founder and CEO of Lucky Iron Fish, discusses his personal social entrepreneurship journey, the joy and challenges of pitching, the art of pivoting and much more.

Eden Full Goh, Founder of The SunSaluter, describes 2016 as a building year for The SunSaluter and many things that were put into motion a few years ago have finally come to life. Overall, the two major focal points Eden and her team have been concentrating on is getting their open source materials out and amplifying partnerships.

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