scholarly journals Start Up and Sustainability: Marketisation and the Social Enterprise Investment Fund in England

2012 ◽  
Vol 41 (4) ◽  
pp. 733-749 ◽  
Author(s):  
KELLY HALL ◽  
PETE ALCOCK ◽  
ROSS MILLAR
Keyword(s):  
Social Enterprise ◽  
Qualitative Interviews ◽  
Third Sector ◽  
Social Enterprises ◽  
Investment Fund ◽  
Welfare Regimes ◽  
Start Up ◽  
The Social ◽  
Health And Social Care ◽  
Enterprise Investment

AbstractSince the end of the last century governments in many western welfare regimes have been keen to promote the marketisation of public service delivery. This requires changes in the supply of, and demand for, alternative providers in this market, and in particular for many governments this has included third sector providers. This article examines the attempt by the UK Labour government to promote the supply of social enterprises in the market for health and social care services in England, through the Social Enterprise Investment Fund (SEIF), introduced in 2007. The article reports on research evaluating the effectiveness of the SEIF, employing a ‘theories of change’ approach, drawing on a mix of administrative and survey data, qualitative interviews and case studies. The research found that although the SEIF had significant benefits in supporting the start up and growth of organisations, its contribution to their longer-term sustainability was more mixed as most were dependent on grants as a main source of income and were not in a position to compete for public sector contracts. This suggests that there may be limits to the role that public investment can play in such market making.

Legal Framework, Funding, and Procurement Polices to Accelerate the Growth of the Social Enterprise Ecosystem

2017 ◽  
pp. 52-83
Keyword(s):  
Social Enterprise ◽  
Third Sector ◽  
Legal Framework ◽  
Social Enterprises ◽  
Investment Fund ◽  
Economic Activities ◽  
Internal Governance ◽  
Big Society ◽  
The Social ◽  
The Government

The purpose of this chapter is to provide an outline and overview legal framework for social enterprises, including funding and procurement policies to accelerate the growth of social enterprise ecosystem. The legal framework specifically designed for UK social enterprises is known as Community Interest Company (CIC). The internal governance rules, the permissibility of direct economic activities and the rules governing profit distribution for a CIC are discussed. The chapter explains procurement policies introduced in the United Kingdom to ensure deliver and accountability for services provided by social enterprises. Procurement is increasingly seen as the key to delivering desired outcomes for government funded programmes and it provides the link between policy and delivery. The chapter also discusses a number of funds and loans structures established by the government such as: Future Builders, The Social Enterprise Investment Fund, and Big Society Capital (BSC) to encourage the development of third sector social enterprises.

EDA CapitalConnect

2010 ◽  
pp. 225-249
Author(s):  
Daniel Brett ◽  
Nikias Stefanakis
Keyword(s):  
Social Enterprise ◽  
Information Dissemination ◽  
Social Enterprises ◽  
Microfinance Institutions ◽  
Start Up ◽  
The Social ◽  
Market Perceptions ◽  
Financial Transactions ◽  
Enterprise Community ◽  
Fine Tune

Since its inception in July 2008, EDA CapitalConnect (EDACC) has sought to address inefficiencies in the market for funding to social enterprises worldwide. To tackle these challenges, the company has developed an online platform that allows social enterprises and institutional funders to communicate with one another, initiate financial transactions, and analyze market trends. The platform seeks to increase deal flow and transparency in the social enterprise space by facilitating information dissemination and the exchange of funding offers between capital providers and seekers of all sizes. As the platform develops, the challenges of achieving financial sustainability and scale will require EDACC to continue to fine-tune its services to meet the evolving needs of the social enterprise community. EDACC’s experience in its nascency suggests that technology providers to microfinance institutions and social enterprises – particularly start up organizations – must pay close attention to the behavior of their target users, and modify their services based upon trends in usage and market perceptions.

scholarly journals The role of the social economy in the welfare regimes. An alternative to explore in time of crisis.

2017 ◽  
Author(s):  
Miguel Urra
Keyword(s):  
Social Economy ◽  
Third Sector ◽  
Social Enterprises ◽  
Voluntary Action ◽  
Welfare Regimes ◽  
The Public ◽  
The Third ◽  
Housing Cooperatives ◽  
The Social ◽  
The Third Sector

In the main areas of the welfare regimes, as education, health, housing, employ or social prevision, we can find teorical points of view about the public (sinonimous of State), the private (sinonimous of tradicional capitalism model) and the third sector (sinonimous of voluntary action). In this important areas, the social economy is able to articulate a proposal that understand the public as the comunitary, the private as a market who is able to empoderate the people and the third sector as a social participation area by the economical activity. In this way, we can notice that the social economy offer specific solutions and efficient models in each social area: education cooperatives, health cooperatives, housing cooperatives, mutualism movement, social enterprises... etc. All of them can play an important role lessening the crisis impact and proposing alternative solutions.

scholarly journals Social enterprise: Bridging the gap between the statutory and third sector

2019 ◽  
Vol 20 (2) ◽  
pp. 80-89 ◽  
Author(s):  
Elizabeth Mary Heyworth-Thomas ◽  
Rosalind Jones
Keyword(s):  
Social Enterprise ◽  
Third Sector ◽  
Social Enterprises ◽  
Future Research ◽  
Social Entrepreneurs ◽  
Support Provision ◽  
Vulnerable Communities ◽  
Start Up ◽  
Research Analysis

This article contributes to research of vulnerable communities and investigates the role of social enterprise created or saved from closure by social entrepreneurs affected personally by a life-changing event, in the context of stroke survival. Qualitative research is deployed to investigate the ways in which social enterprise supports survivors of stroke and their caregivers. Research analysis identifies start-up motives and challenges faced by social entrepreneurs and highlights how social enterprise can bridge the gap in support provision provided by the statutory and third sectors. Involvement in stroke clubs was found to be a key positive contributor to participants’ life after stroke. This study has found that those who become social entrepreneurs after a life-changing event exhibit altruistic behaviours, while engagement between these social enterprises and this vulnerable group created specific benefits for vulnerable individuals and their caregivers, highlighting the potential for social enterprise to bridge the gap between statutory and third sectors which is currently overlooked in existing policy provision. The article concludes by making detailed recommendations for future research in this context and for governments and policymakers.

GoBhaarati- contributing to the “Journey of Healthy Living”

2021 ◽  
Vol 11 (1) ◽  
pp. 1-19
Author(s):  
Vinit Vijay Dani ◽  
Meeta Dasgupta
Keyword(s):  
Learning Outcomes ◽  
Social Enterprise ◽  
Intrinsic Value ◽  
Distribution Channel ◽  
Social Enterprises ◽  
Health And Wellness ◽  
Content Type ◽  
For Profit ◽  
Academic Level ◽  
Start Up

Learning outcomes The learning outcomes of this paper is as follows: to showcase how a futuristic mission and planned branding initiatives can help start-up social enterprise to create a successful brand; to explain how a comprehensive understanding of the target group and innovative products/services and channel strategies help GoBhaarati position itself as an upcoming not for profit social enterprise; to argue how proper brand mission and branding can help even a small startup to create a brand identity in a fiercely competitive fragmented market dominated by big players; the constraints GoBhaarati faced in constituting and aligning distribution channel. These impulsions can have legal, environmental and or managerial foundations. Case overview/synopsis GoBhaarati Agro Industries and Private Limited (GoBhaarati) operated as a nonprofit social enterprise in the Health and Wellness Industry, providing natural indigenous traditional Indian products such as millets, honey, turmeric, jaggery, rock salt and serving millet-based snacks to consumers. At the epicenter of Gobhaarati's branding strategy was its health and wellness positioning. The company's mission was to increase the positive perception of millets and to convince consumers that there was intrinsic value in a product's origin and production processes. Iriventi aimed to achieve a turnover of at least ten crores by 2025, but the company's sales and financial resources were limited. With this clouding in mind, Iriventi could not decide whether to let GoBhaarati stay niche in business or to expand it organically. Complexity academic level Graduate and executive management education students can use the case. The case may also be used to focus on entrepreneurship and distribution management for start-up social enterprises. Supplementary materials Teaching Notes are available for educators only. Subject code CSS 8: Marketing.

scholarly journals Social enterprise and wellbeing in community life

2016 ◽  
Vol 12 (2) ◽  
pp. 235-254 ◽  
Author(s):  
Jane Farmer ◽  
Tracy De Cotta ◽  
Katharine McKinnon ◽  
Jo Barraket ◽  
Sarah-Anne Munoz ◽  
...  
Keyword(s):  
Social Enterprise ◽  
Well Being ◽  
Boundary Spanning ◽  
Social Enterprises ◽  
Positive Interactions ◽  
Community Life ◽  
Community Members ◽  
Content Type ◽  
The Social ◽  
Mental Mapping

Purpose This paper aims to explore the well-being impacts of social enterprise, beyond a social enterprise per se, in everyday community life. Design/methodology/approach An exploratory case study was used. The study’s underpinning theory is from relational geography, including Spaces of Wellbeing Theory and therapeutic assemblage. These theories underpin data collection methods. Nine social enterprise participants were engaged in mental mapping and walking interviews. Four other informants with “boundary-spanning” roles involving knowledge of the social enterprise and the community were interviewed. Data were managed using NVivo, and analysed thematically. Findings Well-being realised from “being inside” a social enterprise organisation was further developed for participants, in the community, through positive interactions with people, material objects, stories and performances of well-being that occurred in everyday community life. Boundary spanning community members had roles in referring participants to social enterprise, mediating between participants and structures of community life and normalising social enterprise in the community. They also gained benefit from social enterprise involvement. Originality/value This paper uses relational geography and aligned methods to reveal the intricate connections between social enterprise and well-being realisation in community life. There is potential to pursue this research on a larger scale to provide needed evidence about how well-being is realised in social enterprises and then extends into communities.

scholarly journals Online feminist publications as social enterprises: Diversifying revenue streams through corporate social responsibility

2017 ◽  
Author(s):  
◽  
Kamila Jambulatova
Keyword(s):  
Focus Group ◽  
Social Enterprise ◽  
Business Models ◽  
Group Analysis ◽  
Social Enterprises ◽  
Editorial Content ◽  
Social Good ◽  
The Social ◽  
Revenue Streams ◽  
Corporate Social

This qualitative study examined how feminist online publications can adopt social enterprise business models. The focus group analysis of the audiences of Refinery29, Bustle, HelloGiggles, and Jezebel first explored the audience's outlook on the commodification of feminism. The focus group also considered plausible ways of adopting social enterprise initiatives to diversify revenue streams of these publications, continue promoting gender equality, and to better establish the images of the publications. During four focus groups, twenty total participants shared a variety of feedback, including their opinions on the commodification of the feminist movement and the commodification of editorial content. They talked about how their purchasing decisions are affected by their desire to contribute to the social good. Other themes identified during the study were white feminism, the trivialization of feminist content, and the importance of companies' policies.

scholarly journals APPROACH TO SOCIAL ENTREPRENEURSHIP IN SLOVENIA

2017 ◽  
Vol 5 ◽  
pp. 62-66
Author(s):  
Barbara Bradač Hojnik
Keyword(s):  
European Union ◽  
Social Entrepreneurship ◽  
Social Enterprise ◽  
Social Enterprises ◽  
The European Union ◽  
Member States ◽  
The Social ◽  
Further Development ◽  
Formal Status ◽  
Financial Environment

In this paper, social entrepreneurship as a developing type of entrepreneurship is analyzed. On the level of the European Union (EU), social entrepreneurship is widely supported by different initiatives which aim to develop a suitable legal, administrative, and financial environment for social enterprises, but also allowing member states to regulate them individually. This paper focuses on the social entrepreneurship in Slovenia, where it is strictly shaped by the legislation. Consequently, social enterprises need to meet the legislation’s requirements which hinder their quantity and development. Additionally, the scope of social enterprises is narrowed to those companies that received the formal status of social enterprise. In the paper provided will be the data on social enterprises in Slovenia with some recommendation for further development of the framework for social entrepreneurship in the country.

Exploring the social innovation process in a large market based social enterprise

2019 ◽  
Vol 57 (6) ◽  
pp. 1399-1414 ◽  
Author(s):  
Martine Vézina ◽  
Majdi Ben Selma ◽  
Marie Claire Malo
Keyword(s):  
Social Transformation ◽  
Dynamic Capabilities ◽  
Social Innovation ◽  
Single Case ◽  
Innovation Process ◽  
Social Enterprises ◽  
Investment Fund ◽  
Content Type ◽  
Large Market ◽  
The Social

PurposeThe purpose of this paper is to investigate the organising of social innovation in a large market-based social enterprises from the perspective of dynamic capabilities and social transformation.Design/methodology/approachThis paper analyses the process by which Desjardins Group launched the Desjardins Environment Fund as the first investment fund in North America to integrate environmental screening. It uses longitudinal single case analysis and a theoretical framework based on Teece’s three dynamic capabilities.FindingsResults show that dynamic capabilities can be conceived as stages in the process of social innovation. Sensing refers to the capability to identify a societal demand for social transformation. Seizing capability is about shaping societal demand into a commercial offer. Reconfiguring concerns organisational innovation to integrate actual and new knowledge through innovative routines. Microprocesses of both path dependency and path building are in action at each of the three stages.Practical implicationsThis paper shows that managing dynamic capabilities is central to social innovation in the context of a large social business and provides genuine managerial input via an analysis of the microprocesses at work in the social innovation process.Originality/valueThis paper contributes to the operationalization of Teece’s dynamic capabilities model. In mobilising a framework in the field of management of innovation, it contributes to the understanding of the process of social innovation and develops the organisational mechanism for multiscalarity of social innovation as a condition for social transformation.

Creating Social Spaces for Artists

2015 ◽  
Author(s):  
Daniel B. Cornfield
Keyword(s):  
Cultural Capital ◽  
Social Enterprise ◽  
Turning Points ◽  
Career Pathways ◽  
Social Enterprises ◽  
Social Entrepreneur ◽  
Social Entrepreneurs ◽  
Social And Cultural Capital ◽  
The Social ◽  
The Impact

This chapter considers the pathways to becoming an artistic social entrepreneur. Previous research on social entrepreneurs has emphasized the impact of one's stock of human, social, and cultural capital on one's mobilization of requisite resources for launching and sustaining a social enterprise. Less sociological attention has been given to the influence of career-biographical factors, such as family, religion, education, and pivotal career turning points that may inspire and compel one to become a social entrepreneur and to envision and shape one's social enterprise, let alone an artistic social enterprise. The profiles of four artistic social entrepreneurs in this chapter illustrate how their strategic and risk orientations and career pathways shape the social enterprises they envision and influence their assumption and enactment of their roles as artist activists.

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