Social Enterprise
A social enterprise is a business with primarily social
objectives whose surpluses are principally reinvested for that
purpose, in the business or in the community, rather than being
driven by the need to maximise profit. Social enterprises
often evolve from community based organisations but can also be
developed to meet specific community needs or in response to market
opportunities.
Examples would be public sector offshoots (often set up to
provide services under service level agreements), charities setting
up trading arms, and staff takeovers and buy outs.
This section includes an overview of organisations providing
advice, funding and investment for social enterprises.
Who to go to for advice
Social Enterprise London
Founded in 1998, Social Enterprise London is an agent for
change, run by social enterprises, for social enterprises. It works
to unite, inspire and lead London’s social enterprise movement.
SEL offers a diverse package of training, consultation, advice
and events, covering a wide variety of business needs.
Visit the Social Enterprise London
website, or telephone: 020 7022 1924.
Social Enterprise Coalition
The Social Enterprise Coalition represents a wide range of
social enterprises, regional and national support networks and
other related organisations .They publish a range of case
studies, 'how to' guides and training materials.
Visit the Social Enterprise UK
website, or telephone: 020 7793 2323.
Kensington and Chelsea Social Council
KCSC have a Social Enterprise Development Programme which is
open to all voluntary and community organisations in Kensington and
Chelsea.
Depending on the level of support required, the programme will
provide you with appropriate training, mentoring, one to one advice
and development support.
Visit the Kensington and Chelsea Social Council
website, or telephone: 020 7243 9800.
Portobello Business Centre
Portobello Business Centre is the borough’s enterprise agency,
partially funded by The Royal Borough of Kensington and Chelsea,
they offer information, free advice and confidential guidance from
qualified experts on the following issues:
- Accessing finance
- Debt and cash-flow management
- Recruitment & Redundancy
- Support for innovation or changing your business model
- Accessing local supply chains and finding new local business
opportunities
Visit the Portobello Business Centre
website, or telephone: 020 7460 5050.