Definition of social enterprise

A social enterprise is broadly defined as an enterprise that puts social benefit above or at least alongside profit. Traditionally these were non-profit organisations or charities with a philanthropic purpose, but they can also be structured as for-profit entities where profit is not the only overriding concern.

 

social enterprise in the news

In April 2013 a report on the Queen's Awards for Enterprise, reported details of some of the winners of the sustainable development category. The writer noted that name of the category was changed from environmental achievement in 2001 to recognise organisations that not only addressed their environmental footprint, but that also looked at their social impact.

Also in April 2013, it was reported that homes for homeless fund was seeking investors.

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