TEDC advisors can help you create or expand your social enterprise. This is an emerging field in northeastern Ontario that has potential to make an impact in our quality of life.
A social enterprise:
Is an organization that uses business principles to solve social or environmental problems.
Is a business that reinvests its profits into the service of a social or environmental mission.
Does not depend on government or charitable grants for the majority of its revenues.
Social entrepreneurs are increasingly important in Canada because of their growing impact on community social, cultural, environmental and economic progress. In a resource-based economy like ours, it’s important to look at new ways of diversifying and revitalizing local economies.
Social enterprise solutions can address both social and economic problems. Below are some examples of social enterprise: