Support for Social Enterprises
The Government definition of social enterprises is “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.”
Like any other business, a social enterprise has to compete in the marketplace and earn its income through delivering goods or services which people want to buy. The vital difference is that social entrepreneurs are motivated by providing services to a community rather than distributing profits to shareholders.
At OCVA we offer a free service, including:
- Information about an appropriate legal form for your organisation
- Signposting to sources of loan funding for social enterprises
- Assistance with the Policies & Procedures you need to have in place
- Advice on using Volunteers within your organisation
- Advice and training on getting contract ready
For useful business support links visit the Oxfordshire Local Enterprise Partnership website.
