0 an organization that aims to make money in order to serve a useful social purpose: --
The combination of global awareness with the chance to make money to do more good is simply an example of social enterprise at its best.
MCG Jazz was a social enterprise supporting youth education programmes.
By selling goods and services in the open market, social enterprises create employment and reinvest their profits back into their business or the local community.
There are also the inherent virtues of social enterprise—in relation to good employment practices, the use of advanced methods and, especially, nowadays, training.
I look forward, for example, to reading the performance and innovation unit report on the social enterprise sector when it is published.
That will be at the heart of our social enterprise strategy, which will be published in the summer.
It recently won a special social enterprise award in the inner city 100 awards.
What are the examples of social enterprise today?
By far the largest part of the social enterprise sector is the consumer co-operatives.
It also aims to build the social enterprise sector through loan finance.
The promotion of community and social enterprise through supplying loan funding to the community and voluntary sectors is also potentially contentious.
