The Social Enterprise Council of Canada (SECC) defines a “social enterprise” as a business owned by a nonprofit organization, that is directly involved in the selling of goods and services for the blended purpose of generating income and achieving social, cultural, and/or environmental aims. Social enterprises are one more tool for non-profits to use to meet their mission to contribute to healthy communities.
SOCIAL ENTERPRISE FOR SOCIAL PROFIT
Simply speaking, the YWCA Banff runs a small hotel and the revenues from this business are reinvested to support community programs, affordable residence and to pay wages.
Within our facility, we have 42 private hotel rooms and 80 beds in shared accommodation. Two large meeting rooms provide space for meetings and small conferences.
The social enterprise model allows us more flexibility and independence to provide a continuum of services to the Bow Valley community.
The Mission of the YWCA Banff is empowering women, girls and our community through leadership development, advocacy, and the provision of relevant programming and services.
In pursuit of this mission, we focus on the following priorities:
- Respect for the human rights of women and girls
- Provide and advocate for suitable emergency and transitional housing; and permanent affordable housing.
- Advancing the leadership of women and girls
- A sustainable community-based organization