The Social Economy is that sector between the Private and the Public Sector (otherwise known as the Third Sector) such as voluntary and community organisations and not-for-profit businesses including social enterprise.  Government makes a major focus on the development of social enterprise.

 

 

Britain’s social enterprise sector is one of the most successful and vibrant in the world, championed by government and growing in scope and scale. There are currently more than 55,000 social enterprises in the UK, and we (Government) want to create the conditions for thousands more to thrive.

 

Governments vision is of dynamic and sustainable social enterprises, contributing to a stronger economy and a fairer society.

 

 

Social enterprises are helping to change society for the better. They are businesses with primarily social or environmental objectives, principally reinvesting surpluses in the business or community. They are diverse, ranging from small, community-owned village shops to large companies winning multimillion pound contracts. They are generating more than £27 billion turnover and contributing more than £8 billion to GDP a year.

 

 

A strategy is being written for supporting the development of the social economy in Leicester line with the Governments lead on social enterprises.  If you would like to contribute to this strategy, please contact Mark Mizzen, Social Economy Development Officer, Tel: (0116) 252 8656 or email mark.mizzen@leicester.gov.uk