Meaningful Business: Understanding Social Entrepreneurs

June 10, 2014

RBC initiated a study of Canadian entrepreneurs in 2013 to understand the extent to which businesses are going beyond financial returns to pursue social goals. The study was conducted by Phase 5 Research and consisted of in-depth interviews with social entrepreneurs, as well as a survey of 511 Canadian entrepreneurs, including a sub-sample of social entrepreneurs for comparative analysis. The focus of this paper is on those entrepreneurs who self-identified in the research as having formally stated social or environmental goals that they use to gauge the performance of their business. In particular, examples are drawn from the following social businesses.

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Fifosys

Fifosys specialises in providing the level and detail of support that large scale enterprises expect but delivered for the SME and mid-market business. Using an ITIL and Prince 2-based best practice approach to IT support, Fifosys has built a reputation as a trusted partner with its customers, providing both first-class IT support services and the highest levels of advice, guidance and reporting.

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