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.

Trico Foundation in partnership with Human Resources and Skills Development Canada (HRSDC) is seeking a part-time Project Coordinator for Enterprising Non-Profits Canada (enp-Canada). The enp-Canada Project Coordinator will organize the project and reporting activities in support of the enp-Canada project with HRSDC.

“Hosting SEWF 2013 has never been about making money for the Trico Foundation,” said Wayne Chiu, Chairman of the Trico Charitable Foundation. “This agreement embodies everything we wanted SEWF 2013 to be about: serving the social enterprise movement, at the event and beyond; fostering collaboration; and trying new ideas.”

“We were so delighted to be awarded the Best Emerging Social EnterPrize award by the Trico Foundation. The greatest effect was that we had our name out there, people started looking at us, and respecting the work that we did” said Brian Postlewait of Mission Possible of their 2011 award."

In a historic collaboration, seven regional non-profit organizations have come together to launch Enterprising Non-Profits Canada / enp-Canada. In the past, local enp sites have offered business planning and technical assistance to non-profit organizations wishing to develop, launch and grow social enterprises. enp-Canada will now provide a platform for synthesizing those efforts, collecting insights and promoting further partnerships in the advancement of social enterprise in Canada. Social enterprises are businesses operated by non-profit organizations for the blended purpose of creating social value and generating income from sales.

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