social enterprise

Mandelson pledges action over Union Blacklisting

Social Enterprise gets Finance Access

A new one year programme to help social enterprises access risk finance is being launched today by the National Endowment for Science, Technology and the Arts (NESTA) and the Office of the Third Sector (OTS). The £90,000 programme aims to incentivise investment in social enterprises and ensure that a stronger social enterprise sector emerges from the recession. Social enterprise has been hailed as one of the most exciting emerging sectors in the UK, contributing at least £8.4 billion to the economy every year. However social enterprises can find it difficult to access the finance needed to grow. Evidence suggests this is because some social entrepreneurs may have low levels of financial literacy and their businesses are not always ‘investment ready‘. Government&rsqu... »

Ethnic Women

Minority Women help Social Enterprise

The Government has launched an initiative to help more black, Asian and minority ethnic (BAME) women start their own social enterprises. The Cabinet Office drive, launched alongside a new Government report entitled â??Social Enterprise: Making it work for Black, Asian and Minority Ethnic Women’, includes plans to signpost key sources of advice and funding for BAME women and to promote case studies of existing female BAME social entrepreneurs. The report highlighted that the main barriers for BAME women starting social enterprises are a lack of knowledge of what funding is available and how to secure it, a limited understanding of business development, and cultural stereotyping. Deputy minister for women and equality Barbara Follett said;. “Social enterprise can be a route to fu... »