Community Futures South Fraser and Mennonite Central Committee, Employment and Community Development, together with the community economic development movement across Canada, acknowledge the value of the social economy, and recognize the importance of connecting economic and social values. The BC Centre for Social Enterprise was founded in 2005 by these two community-based organizations.

Originated in Abbotsford, British Columbia, the concept for the Fraser Valley Centre for Social Enterprise was supported and seed funded by Western Economic Diversification Canada. The Centre’s name changed to the BC Centre for Social Enterprise in 2008, to more adequately reflect its broader geographical client focus. In 2010, responsibility for maintaining the Centre migrated to two entities (a charity plus a non-profit organization) under the Resilient Communities Canada umbrella.