The Social Enterprise Opportunity for Ontario
September 30, 2020
Social enterprise is widely recognized as making a strong contribution to community benefit and economic growth in Ontario, Canada and globally. Governments, not-for-profit leaders and the private sector are all looking to social enterprise for innovative and cost effective ways to solve social and economic problems faced by Ontario communities. Within the not-for-profit sector, social enterprise activities range from building inclusive economies by employing people who are marginalized from the labour market, to creating new ways of sustaining organizations with social impact through diverse income strategies. Social enterprise has become an attractive option to address sustainability challenges in the sector, with earned revenue the only income stream projected to increase over the short- to mid-term.
Part of the Mowat NFP Sector Signals series