Defining Social Enterprise
Innovate Niagara is a founding member of a partnership across South-Western Ontario to provide tools, resources and support to social enterprises and social-entrepreneurs. The partnership is called Social Enterprise Southwest and you can find more details about what we are doing at our website.
So, what’s a social enterprise? A social enterprise is a business (for-profit or not) that commits to social impact as an integral part of their business model. Social-entrepreneurs believe that doing good for their community (and the world) and creating a sustainable business are not mutually exclusive. We believe that social enterprises give new meaning to the phrase sustainable businesses.
Innovate Niagara along with our partners, Pillar Nonprofit, Huron Small Business Enterprise Centre and EPICentre, are working together to raise the level of social enterprise support across Southwestern Ontario and will be sharing our knowledge, resources and tools to support and encourage Southwestern Ontario’s social economy. This project is funded by the Ontario Ministry of Economic Development and Growth, as part of the Ontario government’s strategic investments in social enterprises.
Do you think you might be a social enterprise? Are you thinking about starting a social enterprise? If so, connect with us for an in-person meeting. Or spread the good word using our hashtag #SocEntSWO on all social media.