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Making sense of social enterprise. Rachel Cranham & Chris Lee Social Enterprise Hertset East of England. The plan …. Defining social enterprise Why social enterprise? Social enterprise in action From asking to earning Being enterprising
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Making sense of social enterprise Rachel Cranham & Chris Lee Social Enterprise Hertset East of England
The plan … • Defining social enterprise • Why social enterprise? • Social enterprise in action • From asking to earning • Being enterprising • Are you enterprising? • Help! where you can get it
Social enterprise …. organisation? activity? or both? “a social enterprise is a business with primarily social objectives … ” “ another tool in the box (for financial sustainability) or the whole workshop” “an activity, rather than an organisational type - something organisations‘do’, rather than‘are’” “combining the best charity and business practices for economic and community development”
social enterprise public sector: becoming more independent private sector: becoming more social voluntary sector: becoming more enterprising The world out there …
Why social enterprise? • People are motivated by doing good • Fulfill other aims as well as business • Unique business models • Filling a gap - addresses need not necessarily met by other commercial organisations • Extend your skills
Social enterprise in action For example… • The Ferry Project • Apsley Paper Trail • CME – Community Music East
From asking … to earning Service level agreements Open market The gift economy Specified outputs Structured market S T R I N G S AT T A C H E D donations grants agreements contracts trading
Being enterprising – our USP? “why is it that, in a time of rampant competition and fast-paced change, the voluntary sector is not leading the way when it comes to innovative practices?” nfpsynergy
Age, stage and enterprise But … “Entrepreneurship exists in very large and mature organisations, and it can also be absent in start-ups… entrepreneurship is an attitude towards change.” Warren Tranquada and John Pepin
Are you enterprising? • Self-aware • Environmentally aware • Passionate but purposeful • Plan for change • Fearless with figures • Know the market • Delegated decisions • Take measured risks and embrace failure
Help! where you can get it … What’s on offer from SEEE? • Regional and Strategic • Resources – website, member listing, forums, InTouch, newsletter • Virtual Coffee Mornings • Projects – Building Communities Fund and Micro Coaches • Events and Networks
Help! where you can get it … What’s on offer from Hertset? • A network of ‘experts by experience’ • Study visits and themed events • Monthly newsletter and web pages • Signposting to other sources around the region
Join us! 0845 606 6296 hello@seee.co.uk www.seee.co.uk hertset@exemplas.com www.seee.co.uk/hertset