Making sense of social enterprise

Rachel Cranham & Chris Lee Social Enterprise Hertset

East of England

The plan …

• Defining social enterprise

• Why social enterprise?

• Social enterprise in action

• From asking to earning

• Being enterprising

• Are you enterprising?

• Help! where you can get it

Social enterprise …. organisation? activity? or both?

“a social enterprise is a business with primarily social objectives … ”

“ another tool in the box (for financial sustainability) or the whole workshop”

“an activity, rather than an organisational type - something organisations ‘do’, rather than ‘are’”

“combining the best charity and business practices for economic and community development”

The world out there …

social enterprise

private sector:becoming more social

public sector:becoming more

independent

voluntary sector:becoming more

enterprising

Why social enterprise?

• People are motivated by doing good

• Fulfill other aims as well as business

• Unique business models

• Filling a gap - addresses need not necessarily met by other commercial organisations

• Extend your skills

Social enterprise in action

For example…

• The Ferry Project

• Apsley Paper Trail

• CME – Community Music East

From asking … to earning

The gift economy

Specified outputs

Service level

agreementsStructured market

Open market

S T R I N G S AT T A C H E D

donations grants agreements contracts trading

Being enterprising – our USP?

“why is it that, in a time of rampant

competition and fast-paced change, the

voluntary sector is not leading the way

when it comes to innovative practices?”

nfpsynergy

Age, stage and enterprise

But …

“Entrepreneurship exists in very large and

mature organisations, and it can also be

absent in start-ups… entrepreneurship is

an attitude towards change.”

Warren Tranquada and John Pepin

Are you enterprising?

• Self-aware• Environmentally aware• Passionate but purposeful • Plan for change• Fearless with figures• Know the market• Delegated decisions• Take measured risks and embrace failure

Help! where you can get it …

What’s on offer from SEEE?

• Regional and Strategic

• Resources – website, member listing, forums, InTouch, newsletter

• Virtual Coffee Mornings

• Projects – Building Communities Fund and Micro Coaches

• Events and Networks

Help! where you can get it …

What’s on offer from Hertset?

• A network of ‘experts by experience’

• Study visits and themed events

• Monthly newsletter and web pages

• Signposting to other sources around the region

Join us!

hertset@exemplas.com

www.seee.co.uk/hertset

0845 606 6296

hello@seee.co.uk

www.seee.co.uk