INTRODUCTION TO SOCIAL ENTERPRISE UDAY THAKKAR

INTRODUCTION What is Social Enterprise? No legal definition Anyone can call themselves a social enterprise – and many do Organisations that have been practising social enterprise have been around for a long time though the term itself is new

What is Social Enterprise?

No legal definition

Anyone can call themselves a social enterprise – and many do

Organisations that have been practising social enterprise have been around for a long time though the term itself is new

What is Social Enterprise ?

INTRODUCTION Characteristics People Planet Profit

Characteristics

People

Planet

Profit

GENERAL CHARECTERISTICS Trading in order to fulfil social aims or Exist to bring together people and communities for economic development and social gain

Trading in order to fulfil social aims

or

Exist to bring together people and communities for economic development and social gain

CONSIDERATIONS Contentious areas Ownership Profit distribution Funding

Contentious areas

Ownership

Profit distribution

Funding

Social Enterprise Profit Flow

ORGANISATIONAL TRANSITION

TYPES OF BUSINESSES Charities Trading Arms Employee - owned businesses Co-Operatives Social Firms Community Businesses Ethical businesses

Charities Trading Arms

Employee - owned businesses

Co-Operatives

Social Firms

Community Businesses

Ethical businesses

ARTS BASED BUSINESSES Importance in regeneration Village Underground Harringey Arts Clusters

Importance in regeneration

Village Underground

Harringey Arts Clusters

IMPORTANCE OF DESIGN Companion Simplifying hand held devices for the elderly Catering/drinking device Improving usability for people with disability DIY Kyoto Measuring energy consumption through simple meters

Companion

Simplifying hand held devices for the elderly

Catering/drinking device

Improving usability for people with disability

DIY Kyoto

Measuring energy consumption through simple meters

IMPORTANCE IN CREATING JOBS/FIGHTING CRIME Sari UK Recycling, design and make, retail Street Breakers Helping young people explore and grow their creative side, improve health and actively work towards reducing crime

Sari UK

Recycling, design and make, retail

Street Breakers

Helping young people explore and grow their creative side, improve health and actively work towards reducing crime

SUPPORT Strategy Finance Purchasing Contacts & Networks Grounding & Common Sense

Strategy

Finance

Purchasing

Contacts & Networks

Grounding & Common Sense

FUTURE ? Changing social and economic perceptions Has the time arrived for Social Enterprise?

Changing social and economic perceptions

Has the time arrived for Social Enterprise?