You asked, so I’ll answer – What is a social enterprise?
Social enterprises are businesses that have a social or environmental purpose.
Another key thing about a social enterprise is that it is still a business and it needs to generate profits and be sustainable. In order to do this the social enterprise needs to have a product or service that it can trade and make profits from selling.
Social enterprises reinvest the majority of the profits they make back into the business to deliver more of their social or environmental purpose. When we talk about the social or environmental purpose for a social enterprise this is at the heart of what they do and it’s not an add-on like you see sometimes with other businesses. Continue reading
Make An Impact CIC 