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.

Fireworks Cooperative deals in the business of hospitality by providing women and girls who have left or who are at risk of sexual exploitation with life enriching programs and job training opportunities through their non-profit agency Servants Anonymous Society and event space Venu1008.

The Cerebral Palsy Collection Crew, by the Cerebral Palsy Association in Alberta (CPAA), turns donated used clothing, small household items and recycled bottles into revenue that supports the many programs and services they provide for Albertans affected by cerebral palsy and other disabilities.

CommunityWise is nurturing and restoring one of Calgary’s downtown historical venues which in turn provides an affordable and inclusive co-work and activity space for over 60 of Calgary’s non-profit and grass-roots organizations.

Working collaboratively with thought leaders and pioneers in the space and Ashoka's network of 3,000 Fellows, Ashoka SFS seeks to articulate a new Social Finance Framework that offers social entrepreneurs, investors and colleagues insights, new opportunities and new trends based on a in-depth review of Ashoka's Fellows using market forces to create social change.

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