Social enterprise – the stuff dreams are made of
- Social enterprises are businesses or projects people set up to focus on tackling social problems, improve communities, or create opportunities to improve people’s lives. There are various definitions of social enterprise, but a key feature is that they have a social or environmental objective – they’re driven by values.
- You may recognise these examples of social enterprises – The Big Issue, One Water, the Eden Project, Divine Chocolate, and Jamie Oliver’s ‘Fifteen’ restaurant.
- They make a profit and make a difference. Yes, they need to succeed and make money, but a key feature of many social enterprises is that half or more of the profit they make is reinvested into sustaining or growing the business. They often receive income from grants and donations, but also generate income from trading or delivering...