What is Social Entrepreneurship?
Social Entrepreneurship uses business models – selling products or services – to solve social problems. Unlike traditional philanthropy, a social enterprise makes a social impact with a business model that creates value and is financially self-sustaining.
Different from traditional business, which makes money by solving a problem, social entrepreneurship makes money by directly solving a social problem – making those solutions more scalable and sustainable. In a very real way, social entrepreneurship is the best of both worlds, the social-problem solving intentionality of traditional philanthropy and harnessing the incredible power of markets typically associated with traditional business.
The spirit behind social entrepreneurship is at the centre of many of the discussions going on today about the evolution of capitalism.
As such, the new Trico Foundation Social Entrepreneurship Centre is one way the Haskayne School of Business, its students, and Calgary itself, can participate in - and ideally be at the forefront of - these crucial conversations.
The Trico Foundation Social Entrepreneurship Centre was established through the generous support of Wayne and Eleanor Chiu’s family foundation, the Trico Charitable Foundation. This new centre will build social enterprise education, support curriculum development and fuel teaching excellence. As there is growing recognition of the possibilities offered by social enterprises, Haskayne graduate students will have the unique opportunity to get in on the ground floor of a growing movement to do well by doing good.
We believe we can educate the next generation of social entrepreneurs, research what makes social enterprises successful and that the Trico Foundation Social Entrepreneurship Centre can play a role in helping Calgary become a hub for social entrepreneurship.
Interested in learning more?
Contact Kaili Xu, Director, Student Success for more information.
What is the Trico Foundation Social Entrepreneurship Centre and how is it unique on campus?
As in its name, this centre will work to enhance experience for graduate students through experiential learning initiatives focused on social entrepreneurship. We will also build Calgary and the Haskayne School of Business as the hub for social entrepreneurship education in Canada.
What services are available to students?
Some services, such as student consulting work and student advising are already available to graduate students and we will be working on more as the centre’s operations get underway.
I’m a BComm student, how can I participate?
While the Centre’s focus is on graduate students, BComm students will also benefit from experiential learning opportunities such as case competitions, project and consulting work, guest lectures, and participating in events.
I work for a social enterprise, how can I get involved with this centre?
Yes, we would love to hear from you. Right now, we are looking to connect with potential in-class guest speakers, seeking student consulting and case competition opportunities.
Tell me more about the Trico Social EnterPrize.
The Social EnterPrize is a biennial award jointly presented by Trico and the Haskayne School of Business that celebrates organizations that demonstrate leadership and excellence in social entrepreneurship in Canada. Please visit the Social EnterPrize website for more information.