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.

This article was originally published on October 23rd, 2015 on the Social Finance website. It has been cross-posted with permission from the author Kevin Taylor, Senior Associate, MaRS Centre for Impact Investing.

This article was originally published on October 30th, 2015 on the Social Finance website. It has been cross-posted with permission from the author Ellen Martin, COO, SoJo.

This article was originally published on November 11th, 2015 on the Social Finance website. It has been cross-posted with permission from the author Karen Gomez, Associate, Social Innovation Generation (SIG).

12/11/2015 Recipients Generate Millions in Market Revenue While Serving Social Needs Calgary, November 12, 2015— Created by the Trico Charitable Foundation in 2011, the biennial Social EnterPrize celebrates Canadian social enterprises that demonstrate best practices, impact and innovation. Social enterprises are organizations, for-profit or not-for-profit, that blend financial success and social impact by using markets to solve social problems.

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