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What is a Social Enterprise?
Social Enterprise is a more ethical, dynamic and independent way to do business. Social entrepreneurs are usually driven by an overriding passion to improve the world in which we live. It may be a national business, set up to help tackle poverty. It may be a café set up by a group of friends to bring people together in a broken community or it may be an individual that realises the need for art and culture to be brought to their village.
If there is a problem in your community and you have an idea how it could be solved, or just something you see that could be improved, then you are on your way to becoming a Social Entrepreneur.
With a Social Enterprise, after expenses and wages (including yours!) have been deducted, any profits are ploughed back in to the business, allowing it to grow from strength to strength.
Imagine if all businesses were run that way?
What free support can we offer?
BRAG work closely with our partners Fife Voluntary Action, Business Gateway and Fife Council (at local level) and with Firstport, Senscot, Social Enterprise Scotland, Just Enterprise, School for Social Entrepreneurs and Scotland UnLTD (at national level) to ensure you will have all the support and resources you need to ensure your Social Enterprise the best possible chance of success.
Ever been asked about the definition of Social Enterprise? The Social Enterprise Code encapsulates the values and behaviours by which Scottish social enterprises recognise each other. It is a voluntary code of practice and is based on five basic criteria. The Code is overseen by an Advisory group who meet to review the criteria on an ad hoc basis. As a response to the emergence of Socially Responsible Businesses (SRBs), the Advisory Group has now produced a new diagram to represent the relationship between Non-Profit Distributing social enterprises and these Profit Distributing socially responsible businesses. Link to Diagram
If you’re looking for further information or advice call us now for your free support: 01592 860296 (ask for the Social Enterprise Team)