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Social Enterprise

Enhance your mission by selling a product or service

Introduction

How can we achieve and sustain impact with different revenue models?

This coaching stream helps organizations explore ideas for how they can further their social impact goals and generate revenue through an enterprise model. The focus is on helping established non-profit and charity groups identify business opportunities, assess viability, and plan for launch.

Social Enterprise 101

A social enterprise:

  • Is an ongoing organization or venture
  • Is created with the primary goal of achieving an environmental, social and/or cultural mission
  • Uses earned income strategies by selling products and/or services in its operation.

Information session
For groups interested in Innoweave’s Social Enterprise stream, we encourage you to review our Social Enterprise Information Session:

Watch a recording of the most recent session.

Download the slides from the most recent session.

Register for the next upcoming session when available (see below).

Innoweave does not require groups to attend a Social Enterprise workshop prior to registering in the online portal and submitting an Expression of Interest.

Main types of social enterprises

Social enterprises are often launched for one or more of the following three reasons:

  • Employment-based: to meet an employment need in the community that is not being met through traditional business models. For example, Eva’s Phoenix Printing in Toronto trains at-risk youth in the printing business, preparing them to leave the streets and enter the labour market.
  • Mission-based: to advance or achieve a specific environmental, social, and/or cultural mission. For example, Haida Gwaii Higher Education Society operates an accredited university-level academic program that brings students to their community to learn about local First Nations culture and arts, as well as the unique biology in the local environment. In addition to student learning, there is an important local economic impact for the remote region of Haida Gwaii.
  • Profit-based: to contribute to the financial sustainability of a community organization. For example, the Prince George Aboriginal Friendship Centre rents out the extra space in the building they own. The income from rent covers the mortgage payment and their program administrative costs.

The Innoweave self-assessment tool is designed to help you determine your organization's readiness and whether your initiative or program model is well suited for Social Enterprise.

Self-
assessment

This assessment has 5 questions.

Please respond to each of the questions to the best of your ability by choosing the option that most accurately reflects your organizational context.

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Does your organization have a clear and shared definition of the impact it seeks to achieve and how your work generates this impact?
Is your organization open to risk and able to manage it effectively?
Does your staff and board of directors have the business experience and skills to plan and operate a social enterprise?
Do you have an idea for a social enterprise that fits with your organization’s mission and values?
Are you able to raise the funds and commit the resources needed to launch and operate a social enterprise?

Impact Accelerator

We encourage all organizations to attend or view a pre-recorded Impact Accelerator before further exploring a coaching stream.

Upcoming Accelerators

Info Sessions & Workshops

  • Impact Accelerator (National – Online) Innoweave is pleased to offer the National Online Impact Accelerator. What is the Innoweave Impact Accelerator? Since its launch in 2012, Innoweave has leveraged...
  • Impact Accelerator (Winnipeg) Innoweave is pleased to offer an Innoweave Impact Accelerator Working Session in partnership with the United Way Winnipeg. What is the Innoweave Impact Accelerator? Since...
  • Impact Accelerator (National – Online) Innoweave is pleased to offer the National Online Impact Accelerator. What is the Innoweave Impact Accelerator? Since its launch in 2012, Innoweave has leveraged...

Can’t find what you’re looking for? We might have more events in French. Or, contact the Innoweave team to discuss hosting a learning event for you and other organizations in your community.

Relevant Resources

Additional Resources
Black Creek Community Farm
"The coaching process was a huge help not only in developing the business plan and model, but also supporting the farm to develop a clear mission and vision. Our new model blends social enterprise frameworks, where groups of customers pay for services with the profit subsidizing an underserved group."

Coaches

Innoweave offers coaching support to organizations that are well positioned to implement a Social Enterprise approach. You can connect with an Innoweave coach to help you explore and implement your initiative. Then apply to Innoweave for funds to support that coaching engagement.

Tina Crouse
Mary Ferguson
Sean Ferguson
Laurie Cook
Yvette Hawkes
Russ Christianson
Kathy Manners
André Vashist
Norm Tasevski
Maiden Manzanal
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Apply for support

Your organization is eligible to apply for Innoweave coaching support if you have submitted an Expression of Interest and it has been approved.

Apply Now

FAQ

These are our most frequently asked questions.

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What types of social enterprises does Innoweave support?

Innoweave focuses on supporting social enterprise ideas being launched by established nonprofits and charities. In rare cases, we may support stand-alone social enterprises at the start-up phase.

Will Innoweave invest in my social enterprise?

No, Innoweave does not provide investments or loans to projects. Innoweave support is strictly for coaching.

What social impact does the social enterprise have to generate for Innoweave to support it?

Innoweave is happy to support models that generate positive impact across almost all domains in Canada. We do not, however, support projects where the primary beneficiaries are outside of Canada (e.g., international development projects).