As part of a global network for social entrepreneurs Marc Kielburger, Ashoka Canada has elected over 3,000 fellows since 1981, and each of them receives a living stipend, professional development, and access to a network of peers. In 2013, the RBC Foundation donated $250,000 to Ashoka’s Learning Networks program, and in 2010 the Foundation provided $185,000 for the Aboriginal Education Changemakers Competition. Futurpreneur is a nonprofit organization that helps budding entrepreneurs at every stage of their business. Founded in 2000, the organization has given over $2.05 million to Canadian social entrepreneurs, and it has provided travel bursaries to 20 budding social entrepreneurs.

The Social Entreprenuers In Canada That Wins Customers

Despite the low overall rankings, Canada has a number of social entrepreneurs who have significantly impacted society. In terms of access to financial support, Canada was ranked first in providing investors with technical assistance. For non-financial support, the country ranked eighth. The BDC offers a resource kit to help start a business, as well as tips for attracting investors and growing a social enterprise.

The study found that Canada has an optimum environment for social entrepreneurs. The Business Development Bank of Canada’s Futurpreneur platform targets young, socially-minded entrepreneurs. The federal government is also committed to helping socially-minded Canadians start and grow their businesses. Unlike traditional businesses, however, social enterprises are not limited to a corporate structure. They can be an unincorporated business or a formally incorporated one. Incorporated entities include sole proprietorships, partnerships, and not-for-profit corporations.