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Social Enterprises are businesses with primarily social objectives whose surpluses are principally reinvested for that purpose in the business or in the community, rather than being driven by the need to maximise profit for shareholders and owners.
Social enterprises tackle a wide range of social and environmental issues and operate in all parts of the economy. By using business solutions to achieve public good, the Government believes that social enterprises have a distinct and valuable role to play in helping create a strong, sustainable and socially inclusive economy.
Successful social enterprises can play an important role in helping deliver on many of the Government's key policy objectives by:
The Government's vision is of dynamic and sustainable social enterprise strengthening an inclusive and growing economy. In July 2002, the Government launched a three year strategy, Social Enterprise: a strategy for success, setting out a programme of action to work towards this vision. The strategy identifies the issues that directly contribute to the success of the sector and seeks to remove the barriers that prevent its growth and development. Working with key partners, the Government aims to achieve three key outcomes:
SBS's Social Enterprise Unit (SEnU) has responsibility for carrying forward the strategy.
© Crown Copyright - 2005 | Last updated: 12-Oct-2004
This social enterprise page managed by Said Jolaoso
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