Category: Social Innovation

Is Being a B-Corp Startup Attractive to Traditional Investors?

With so many new businesses circulating in Canada, it gets tough for investors to decipher the good investments from the risky ones. One question many investors find themselves asking is whether a B-Corp start-up is the right choice for them. While the answer is relative depending on the specifics of the B-Corp, data collected from…

Will Social Enterprise Supersede Pure For-Profit Business?

There was a time when the concepts of social responsibility and sustainable revenue lived in two separate worlds. For-profit businesses rarely considered the environment, their social impact on the world, or the importance of creating jobs for a purpose other than to generate revenue. Now, the concept of the triple bottom line, the introduction of…

What Is Social Entrepreneurship?

The business world is changing at a rapid pace and it’s beginning to focus on more than just finance as a bottom line. In fact, many businesses are working toward developing a triple bottom line. The triple bottom line is one of many business models working to increase social objectives into the workforce. The triple…

BDC named to “Best For The World 2019” list as one of world’s top-performing B Corps

BDC, Canada’s bank for entrepreneurs, has been named a “Best For The World 2019” honouree for its achievements as one of the world’s top-performing B Corporations.B Corps are businesses that balance purpose and profit and are certified as meeting rigorous environmental, social, governance and workplace standards. They are redefining success in business and working to…

SENCO Awarded $264,000 for Social Enterprise Demonstration Fund

In 2018 The Government of Ontario awarded Georgian College $264,000 from the Social Enterprise Demonstration Fund to support a $528,000 project focused on growing social enterprise across the college’s seven campus communities in the counties of Simcoe, Muskoka, Dufferin and Grey. The two-year project will be managed by the Social Enterprise Network of Central Ontario (senco),…

Public Services and Procurement Canada unveils plan to modernize federal procurement

Federal departments and agencies purchase on average $22 billion in goods and services each year to help deliver programs and services to Canadians. Through procurement, the Government of Canada is committed to obtaining the best possible value for all Canadians and advancing important social and economic objectives.Today, Parliamentary Secretary Steven MacKinnon, on behalf of the Honourable Carla Qualtrough, Minister…