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.

Founded in 2001, JUMP Math is becoming a larger organization that can do more things, and do them better than ever before in the history of the organization. But that doesn't mean it's resting on its laurels.

Social enterprises play a number of important roles in communities across Alberta. This is one of the key findings of the just-released Alberta Social Enterprise Sector Survey Report 2014, which offers a wealth of qualitative and quantitative data.

Alberta’s growing cities, rural communities share a common bond: an entrepreneurial mindset for social good [Calgary, Canada] – Research released today by Mount Royal University, Simon Fraser University and Trico Charitable Foundation shows that communities across the province, in urban and rural environments, are active in and benefit from social enterprise. The Alberta-wide research marks the third installment of a survey seeking to better understand the profile and activities of social enterprises in Alberta. The timing of the research is complemented by the recent Alberta Speech from the Throne which articulates a need for both urban and rural community issues to be at the forefront of a new government mandate. The survey research shows a strong role for social enterprise across the province by enabling employment, generating volunteerism, and creating social capital for the development of healthy, resilient communities. Social enterprises are business ventures owned or operated by a non-profit organization selling goods or providing services into the market for the purpose of creating a blended return on investment, both financial and social/environmental/cultural. The survey, based on over one hundred social enterprises across the province, examines how social enterprises in Alberta engage in their communities. In addition to the survey responses, Trico Foundation has helped advance the 2014 Alberta Social Enterprise Survey through the inclusion of interviews with key intermediaries around the province and questions to advance the field. The results uncover that many social enterprises are community-based, community-driven, and have strong social and cultural missions.

In Liam Black’s book The Social Entrepreneur’s A to Z, he states “never believe what is said or written about you”. It

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