Social enterprise
Social enterprises operate in the same way as a commercial business, competing in the market place and generating profits through trading activities.
The profits generated by a commercial business are distributed among owners or stakeholders, however, the profits generated by social enterprises are used to address social issues.
A social enterprise will have a clear sense of its “social purpose”, what difference it is trying to make, who it aims to help, and how it plans to do it.
Please click on this link to see details of Flintshire’s innovative Social Impact Toolkit which has been developed in partnership between Flintshire County Council and the Flintshire Social Enterprise Partnership.
Impact Reporting Steering Group Summary
This toolkit demonstrates the financial value of the impact of the work social enterprises do for the benefit of society and the people of Flintshire and beyond.
The Social Enterprise Test
In order to qualify as a social enterprise, a business must:
- Have a clear social and/or environmental objectives
- Generate the majority of their income through trade
- Reinvest the majority of their profits back into their social objectives
- Be independent of the state
- Be managed in order to achieve their social mission
- Be accountable and transparent
Flintshire County Council is firmly committed to the need for a strong, vibrant local economy and recognises the contribution Social Enterprises make within the community.
We are keen to support Social Enterprises and provide a comprehensive range of business support including:
- Business Planning
- Financial forecasting
- Identifying, developing and adopting appropriate governance structures
- Business registration
- Preparing for investment
- Tendering support
- 1 to 1 and team mentoring
- Business diagnostics
- Awards applications
Social Enterprise Development Lead Officer, Mike Dodd
Telephone - 07799 037683
Email - Mike.Dodd@flintshire.gov.uk
Case Studies