starting a social enterprise
TRANSCRIPT
Starting a Social EnterpriseDavid McGlashan
@davemcglashan
About you
About SSE
What is a social enterprise?
What is a social enterprise?
• Have a clear social and/or environmental mission set out in their governing documents
• Generate the majority of their income through trade • Reinvest the majority of their profits • Be autonomous of state • Be majority controlled in the interests of the social mission • Be accountable and transparent
Social enterprise in the UK
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Some examples…
Social enterprise in the UK (stats from SEUK)
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So, you want to start a social enterprise…
Questions to ask yourself
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Legal structures
Research and Pilot…
Get some funding
https://www.youtube.com/watch?v=W7E_MGpiIK4&index=14&list=PLVhUhz-Qiypq2OOu4ugwiNktdyNBKOuc4&t=10s
Gift Economy Grant Funding
The Income Spectrum
Donor
(Unrestricted)Funder
(Restricted with
agreed outputs /
outcomes)
Asking Earning
Source: This is a modified version of NCVO’s ‘Sustainable Funding: Across the income spectrum’ available at:
http://www.ncvo-vol.org.uk/uploadedFiles/NCVO/What_we_do/Sustainable_Funding/About_SFP/Income_Spectrum.pdf
Open Market
Consumer
(B2C sales)Intermediary
(Loans / bonds /
equity finance)
Social Investment
Philanthropy
Donations
Corporate Giving
Structured Market
Purchaser
(B2B sales)
Contracts
Commissioned goods and
services
Borrowing
Some places to start
Challenges
Some that we encounter
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Some solutions
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A few case studies
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How SSE can help
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Questions