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.

“It (the Social Finance Forum) was a wonderful opportunity to access information with various people that can help provide more energy and ideas on how we can grow the business” - Shaugn Schwartz With over 500 attendees at the 8th annual Social Finance Forum (SFF), hosted by the MaRS Centre for Impact Investing this past November, many different insights and themes were inevitably going to emerge

This article was originally published on February 5th, 2016 on the SiG website. It has been cross-posted with permission from the author Kelsey Spitz, Senior Associate at SiG National. “The truth about stories is that that’s all we are…” ― Thomas King, The Truth About Stories (2003)

This article was originally published on November 24th, 2015 on the ENP Canada website. It has been cross-posted with permission from the author Michelle Strutzenberger, Newsroom Chair, Axiom News. As The Cleaning Solution adds yet another significant achievement to its name - winning the national Social EnterPrize - the Enterprising Non-profits Canada newsroom caught up with Executive Director Shaugn Schwartz to reflect on key learnings of the social enterprise to date.

This article was originally published on November 20th, 2015 on the enp Canada website. It has been cross-posted with permission from the author Michelle Strutzenberger, Newsroom Chair, Axiom News. The selection of the Calgary-based Women In Need Society (WINS) for the prestigious Social EnterPrize hosted by the Trico Charitable Foundation couldn’t be more timely, says WINS executive director Laura Dickson.

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