Category Social Enterprise

A social enterprise refers to a business model that places the interests of people or the environment at the forefront of its organisational purpose. Moreover, it is a business that is directly involved in the sale of goods and/or services to a target market, while having a specific social objective aimed towards the improvement of social or environmental matters.

There in no single definition for social enterprise, however one that can be adopted is the UK Government definition of social enterprises, which states “Businesses 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 for shareholders and owners.”

Find our favourite list of sources that will help you understand what social businesses entail.