Category: Social Enterprise

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…

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),…

Majority of Canadian consumers buying from companies that take a stand on issues they care about and ditching those that don’t, Accenture study finds

‘Purpose’ is now a powerful force helping companies build deeper consumer connections and improve competitiveness Fifty-five percent of Canadian consumers prefer to buy goods and services from companies that stand for a shared purpose that reflects their personal values and beliefs, and are ditching those that don’t, according to new research from Accenture. The fourteenth…