The Scottish Government today announced it will invest £5million in supporting social enterprises and enterprising charities across Scotland.
Previous iterations of the programme report benefits including increased employment, better business and strategic planning, greater sustainability and resilience, and more efficient working practices.
Social enterprises are businesses providing a product or service where profits are reinvested or used for community benefit, rather than providing a shareholder return. Well-known examples include Hey Girls!, Social Bite and The Wise Group.
The announcement follows a competitive tender process won by the Just Enterprise consortium of business consultancy specialists from across Scotland.
Hey Girls! received Just Enterprise support in 2018. CEO Celia Hodson said:
“Just Enterprise enabled us, as a new social enterprise with ambitious growth aspirations, to bid for an win a significant government contract that boosted our organisation’s turnover, credibility and profile. We simply wouldn’t have been able to bid for this without the Just Enterprise support.”
Communities Secretary Aileen Campbell said:
“The social enterprise sector contributes over £2 billion to the economy every year and employs over 80,000 people so it is vital that they are able to access the support and advice they need to succeed. Social entrepreneurs are driven by a passion to improve their local communities and provide a service for the greater good. They benefit and support people, often from disadvantaged backgrounds, and create jobs in the process. It is essential we continue to support their vision to create a better and fairer Scotland.”
Social enterprises contribute £2billion to the Scottish economy, with more than 5,600 operating today. Social enterprises employ more than 80,000 people in Scotland and over 80% sell directly to the public.
The programme will launch in August 2019. Eligible organisations can apply via www.justenterprise.org.