Suncor is proud to partner with organizations in Newfoundland and Labrador that help support sustainable communities, develop leaders and promote social change. One partnership with Memorial University of Newfoundland (MUN) is doing just that.
Through the Suncor Energy Foundation (SEF), over the last three years, Suncor has provided funding to MUN to support the development of the Centre for Social Enterprise (CSE). Led by the Faculty of Business Administration and in partnership with the Schools of Music and Social Work, the CSE is an integrated initiative that promotes social innovation within Canada by building upon community spirit, history and culture of Newfoundland and Labrador.
One unique CSE program is the work experience in social enterprise program. Students from different disciplines are brought together to meet the needs of partner community organizations in exchange for practical work experience. One example saw students from the Faculty of Business Administration and the School of Social Work paired together to work at Stella’s Circle on the Rags to Riches project, an initiative in which community support program participants re-purpose donated linens to create industrial rags. The project allowed students to see how social and business principles can co-exist and benefit from one another.
In 2018, SEF committed to two more years of funding to MUN to support their social innovation work. This funding will continue to support initiatives such as CSE, as well as a new master of business administration (MBA) program in Social Enterprise and Entrepreneurship. The new MBA program launched in January 2018, the first of its kind in Canada, and focuses on developing leaders committed to sustainable and social business practices in public, private and not-for-profit sectors. The MBA program will begin in Fall 2019.