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.

As Catalyst 2030 acknowledges, its approach is not a one-size fits all. We will use their principles and suggestions in a way that fits the work we do while continuing to reflect upon the assessment results, learning, and receiving ongoing feedback from the community we serve.

Co-Founder Bronwyn Bridges of PragmaClin talks about their mission, selling into healthcare, perseverance, and next steps.

Happy New Year! The start of 2023 gives us the opportunity to reflect and learn from 2022. Although 2022 came with its challenges, the past twelve months were busy, historic, and made great progress in advancing both social entrepreneurship and Calgary's role as a hub for social entrepreneurship.

Co-Founders Katie Forsyth and Claire McLoughlin of Friendly Composting discuss cash flow, learning how to pace themselves, impact, and next steps.

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