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.

Jennifer Fischer is an example of a student who won’t let barriers stop her from pursuing a project that will improve Toronto’s green space. She is the sole proprietor of Soul Roots, an endeavour that began as part of the SocialVentures Zone community at Ryerson University.

There are a growing number of events connected to social entrepreneurship. Many of them happen in our home city, demonstrating what an incredible hub of activity Calgary is. The Trico Foundation team is pleased to attend many of them and wish we could attend more.

As with many entrepreneurs, Paul Shumlich, founder and innovator of Deepwater Farms, radiates a certain something that makes success seem effortless. Behind his instinctive nature, however, comes a driven work ethic and a tremendous passion for making the world a better place.

Self-identified as a community activator, Sydney Tyber is striving to support students and the population in general who think outside of the box. Two years ago, Sydney was pitched a rough idea by her co-founder Michael Stulberg and along with the added leadership of Eman El-Fayomi and Jennifer McDougall, they began creating their social venture, Laneway Futures T.O.

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