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.

Are you curious about social enterprise? Trying to figure out how to solve a social problem using a business model? What burning questions do you have? At these Ask Me Anything about Social Entrepreneurship sessions, a team of experienced professionals will be available to answer your questions (or help you find the resource you are looking for). 

In June of 2022, CCC was pleased to announced the launch of Counselling Alberta, made possible through a partnership between CCC and the Government of Alberta. Alberta’s government is providing CCC with $6.75 million over the next two years to expand and facilitate access to virtual counselling services, focusing especially in rural areas.

The NU Community Board has hit the ground running for our second year running the NU National Awards for Outstanding Student Social Entrepreneurship. We are pleased to share that we are now accepting applications for these two awards. Each award is for $25,000. One award is selected by the NU Community Board jury, and the other award is selected by the audience at the awards presentation.

Through the first round of IRP funding, Biosphere looked at undertaking business and financial planning for a new social enterprise they helped to create, called Bow Valley Green Energy (BVGEC), to prepare it to accept investments in community-owned and-managed renewable energy projects. BVGEC’s ultimate vision is to make renewable energy affordable and accessible.

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