What the heck is that?
Apparently, it's an annual competition that encourages young people to come up with a "social enterprise business." As SAGE explains it, that's a business that
directly address social needs through their products or services or through the numbers of disadvantaged people they employ; they can be legally structured either as nonprofits or as for-profit businesses, but in either case must be profitable. But in either case the SEB must have a business model that demonstrates the ability to be a going concern through the use of earned revenue, either by achieving profitability or by creating a clear path toward profitability.And how do these young "Social Entrepreneurs" differ from, say, old-fangled, future Chamber of Commerce-style entrepreneurship? Isn't it obvious?
A social entrepreneur is someone who recognizes a social problem and uses entrepreneurship principles to organize, create, and manage a venture to make social change. Whereas a commercial entrepreneur typically measures performance through profit and financial return on investment, social entrepreneurs measure success in terms of the impact they have on society. The most impactful social entrepreneurs take personal and financial risks to pursue their passion for social change...For the TDSB, making profit for profit's sake is apparently beyond the pale. For enlightened social engineering types, making money is only acceptable when conducted within the context of "social change"--the context sanitizing what would otherwise be filthy capitalistic lucre.
Your tax dollars in action (i.e. indoctrinating the young'uns), my friends.
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