Social enterprises ploughed over a billion pounds into their social and environmental objectives last year. They make a vital contribution to the UK's economy, society and natural environment, as Dean Hochlaf describes today.
An estimated 131,000 social enterprises in the UK collectively turn over £78 billion, representing over 3% of GDP. Many operate in the most deprived areas of the UK. They employ around 2.3 million people and made £1.2 billion in profit in the last financial year, reinvesting over a billion pounds of that into their environmental and social missions.
The figures come from Social Enterprise UK's 'Mission Critical – State of Social Enterprise Survey 2023' and Dean also covers access to appropriate, patient, long-term funding; procurement and ensuring social enterprises' social value is well-recognised; and visibility among consumers and in private sector supply chains.
Also in this episode: new funding opportunities for businesses, social enterprises, charities, universities and arts organisations. Timings:
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