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71 EIGHT The financing of social enterprise Wray Irwin Introduction Over the last 20 years there has been a growing interest in the area of social entrepreneurship, and we have seen the emergence of social enterprises as organisations that use commercial trading methods to create social value. These organisations are seen as providing solutions to social and environmental problems across the globe. For much of that time the debate has been around defining a social enterprise in a way that enables an understanding of what makes it different from other

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83 NINE Financial planning for social enterprises Andrew Ferguson Very few people become social entrepreneurs with the ambition of managing money; although as earlier chapters have made clear, the generation of funds to assure sustainability and growth is one of the defining features of the social enterprise. While money is not the end objective of a social enterprise it is always worth bearing in mind that nothing very much can happen without it and therefore its careful management is essential to securing the wider objectives of the enterprise. This

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Looking to the future

Social enterprises - real businesses that trade for a social purpose - are a growing phenomena with an increasing role to play in society, but there is widespread confusion and controversy over the definition of the term.

This exciting book includes nearly forty interviews with the most influential and experienced social enterprise practitioners, supporters, thinkers and policy makers. In their own words, they discuss their organisations, values and world-changing goals, providing fresh clarity and understanding on the real value of social enterprises.

Jargon-free, the book delivers a lively and clear introduction as to what social enterprises are, how they can change individual lives and, by challenging assumptions, may even offer new directions for the future of capitalism. It is a unique guide for aspiring practitioners, students, researchers and public sector staff.

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125 TWELVE Developing social impact measurement for social enterprise Richard Hazenberg and Jim Clifford Overview Social impact measurement represents both a strength and weakness for ‘voluntary, community and social enterprise’ (VCSE) organisations. This tension occurs because social impact measurement approaches seek to demonstrate the social value that VCSE organisations create; but at the same time they require skillsets (research), resources (in time and finances), and commitment (from key stakeholders) in order robustly to be carried out. This tension

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1 ONE Introduction: social enterprises today Introducing social enterprises and this book Twenty years ago, if you had asked most people what a social enterprise was, they would have had no idea what you were talking about. Maybe, after some thought, they would have had a vague notion that it is a business that does ‘good things’. That is probably as far as you would have got. While it is still not a term that is used in general conversation, we have at least reached the stage where social enterprises can be mentioned on Radio 4 or the broadsheet

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23 FOUR What do we mean by ‘social enterprise’? Defining social entrepreneurship Gladius Kulothungan Introduction In a previous chapter we have seen that although social enterprises have been around for over a century in their current form it is a concept that has only been popular during the last two decades. Equally, the notion of the social entrepreneur is a concept that has attracted interest from a range of people, including policy makers and academics. A survey of social enterprises across the UK (IFF Research Ltd, 2005) identified a national

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111 ELEVEN Leadership and management skills development in social enterprises Jon Griffith Introduction By 2015 social entrepreneurship and social enterprise had arguably become part of the ‘mainstream’ of the political economy in some countries. At the launch of a report on the ‘state of social enterprise’, a British government minister said: ‘This report by … is proof that social enterprises continue to make a huge difference to thousands of people’s lives and reflects the success of a growing, vibrant sector which delivers both on an economic and social

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7 TWO The place of social enterprise in UK contemporary policy Ian Buchanan Introduction: history and context Social enterprise is not new to Britain. In the 19th century philanthropy or charity coupled with voluntary action was an important part of the social, political and religious fabric. For much of the 20th century it was misleadingly regarded simply as a stage in the development of a modern welfare state. This is an oversimplification, although it is true that many welfare functions that have been taken on by the state were met first through the

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271 Key words social enterprise • social entrepreneur • impression management • resource acquisition re se ar ch© The Policy Press • 2010 • ISSN 2040 8056 Voluntary Sector Review • vol 1 • no 3 • 2010 • 271-92 • 10.1332/204080510X538257 explaining the multifaceted nature of social enterprise: impression management as (social) entrepreneurial behaviour Simon Teasdale Drawing on data from an in-depth case study of an embryonic social enterprise, this paper explores how social enterprises can utilise the multiple identities of social enterprise to access start

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323 Policy & Politics • vol 45 • no 3 • 323–41 • © Policy Press 2017 • #PPjnl @policy_politics Print ISSN 0305 5736 • Online ISSN 1470 8442 • https://doi.org/10.1332/030557316X14775864546490 Accepted for publication 18 August 2016 • First published online 27 October 2016 Neoliberalism by stealth? Exploring continuity and change within the UK social enterprise policy paradigm Alex Nicholls, alex.nicholls@sbs.ox.ac.uk University of Oxford, UK Simon Teasdale, simon.teasdale@gcu.ac.uk Glasgow Caledonian University, UK Social enterprise has been portrayed as

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