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This is a great primer on social enterprise, clearly laid out and packed with information for those of you about to start your SocEnt journey.
You can view, print or download a copy of this publication here (pdf).
The chapters include sections on Mission, Market and Money, as well as Marketing and Branding and the all important Business Plan.
There is also a very clear grid format page which illustrates the choices of good governance you can pursue, in order to control and support your Social Enterprise ambitions as a community.
We particularly liked the SEUK section on Looking After Yourself.
It is easy, in the whirl of excitement and drive to make things happen to forget about individual well-being in pursuit of the goal. We have repeated the sensible advice below…
”Pay yourself properly – as soon as is practically possible, pay
yourself properly; some social entrepreneurs pay other people
first in the organisation, but everyone needs to live…
Find a mentor – a mentor is someone independent outside your organisation
to talk to who can provide advice and support to you; organisations like
UnLtd and the School for Social Entrepreneurs will often link you to mentors
as part of their support, but you may be able to identify your own…
Be part of networks – there are lots of local, regional and national groups and
networks for social enterprises, from national bodies like Social Enterprise UK
to the Social Enterprise Places across the country to local and regional networks
like SELNET in Lancashire or SEEE in the East of England; they will often run
events, send newsletters with information, and provide connections to others. (…and SocEntEastMids too…Ed).
Don’t neglect family and friends – take time out, spend time with
the people you like and love, and you will be better refreshed, more
focused and more productive when you return to the enterprise…
Keep learning – this is a fast-moving world, and there are new developments,
opportunities and information to find out about; events and newsletters can
help with this, as can podcasts or books on business and social enterprise…”
Source: Social Enterprise UK, Start your social enterprise, p.13 Accessed 02.08.2017
A useful addition to your armoury when building your community business to effect change.
We recommend it as a great starting point for changing the world, or even a bit of it in the immediate vicinity at first!
Here at SocEntEastMIds we are trying to build a new starting point. A resource for information about social enterprise, news and stories from successes, and those that didn’t go well. To promote understanding and to get easy access to a community project road map.
First principles are important and you can find a good read about building social businesses on our Good Reads page here. We will be expanding our library of good reads in the future. (It’s been our road-map for a long time now too…Ed.)
Having a chat about your idea is also important too. Not all project ideas grow, but those that do invariably begin by talking to experienced practitioners, even informally. You get an idea about a business landscape before you enter it. SocEntEastMIds is happy to have a conversation – contact us here.
The British Council have published a great resource, Social Enterprise in the UK, a sort of ‘SocEnt primer’ and an illustrated overview of the social business sector. One of the best we know.
It covers everything you might need to know about social enterprise and community business – from governance to diversity, from incubation to consortia.
You can download your free copy here. It’s a big book, packed with information and structural insight.
If we can help pick a chapter and we’ll come and talk to you about it. Contact us here.
If you need it, pick a chapter, and we’ll create a one hour workshop and come and deliver it to you. Contact us here.
We are particularly keen to hear from community groups, faith groups, childcare and education settings of all kinds who are beginning to wrangle with ‘sustainability’.
No charge and, as our Partnership Australian colleagues say, ‘no worries’. You can find out more SocEntEastMids on our About Us page here.
‘Social Saturday is an annual campaign which inspires consumers to buy from social enterprises, businesses that put people and planet first. It is led by the national body for social enterprises, Social Enterprise UK (SEUK) and is supported by the Department for Culture, Media and Sport.’
In 2016 over sixty events took pace across the UK, and this year there are lots of ways in which to get involved at home and work.
Buy Social Corporate Challenge
Led by Social Enterprise UK in partnership with the Department for Culture, Media and Sport and Business in the Community, a number of forward-thinking corporate businesses are opening up their supply chains to the UK’s 70,000 social enterprises. The ambition is to collectively spend £1 billion with social enterprises by 2020. Why not join them.
Within local authority settings social enterprises can play a number of key roles in your supply chain. As ethical social businesses thay can provide services to the public, fromhealth support to transport, or deliver environmental projects to protect green spaces and foster good community interaction and engagement.
Things you might do in the LA area…
Lets make Social Saturday 2017 another fantastic day for your social enterprise.
Advancing social impact in the energy sector – with the support of Centrica.
If you are over 16 years of age, resident in the UK and looking to develop your energy business potential…then you should apply to the Ignite Social Enterprise challenge. With investment available from betwwen £50k and £2m, then put your energy, enthusiasm and nascent business in the best place to ‘give it wings’.
You need to contact ignite (at ) centrica.com to discuss your idea and to obtain an application form. The deadline for the simple first round is 31st January, 2017.
You can see fuller details and the complete eligibility criteria here – http://ignitesocialenterprise.com/challenge/
You’ll get support and a brilliant networking opportunity in the energy sector if you are successful. Don’t let the light go out on your idea…IGNITE IT
From the archive:
We last featured Ignite on the pages of Mining the SEEM in 2015. Check out that year’s process and previous winners for even more background.
‘ Social Enterprise Day on the 17th November, is an opportunity for the 70,000 social enterprises across the UK to shout about the good work they’re doing and the difference they’re making. Using social media is an easy and quick way to do this‘.
Source: http://www.socialenterprise.org.uk/social-enterprise-day Accessed: 24.10.2016
It will soon be upon us again, the opportunity to spread the news about your social enterprise across the nation and the twittersphere!
‘It’s easy to get involved, simply print off a #whoknew sign, take a photo and share on social media using the hashtags #whoknew #SocialEnterpriseDay between Monday 14th and Thursday 17th November’.
Tell people what you do, the social impact you have and the difference you make.
Make 17th November 2016 a memorable Social Enterprise Day.
Matt Smith, CEO of the Key Fund, said: “With this fund we’re offering finance of up to £150k, but typical investments will be around £50k, with up to 20% of the amount available as grant. The Key Fund was one of the early pioneers in this space, and our original model was based on a grant and loan mix, so we’re really excited to be going back to that original model. It’s long been our belief that grants can play a very important role in helping new and smaller social enterprise become more robust.”
Source: The Key Fund web site – thekeyfund.co.uk Accessed 25.09.2016
A new blended grant and loan fund, the Key Fund package looks to secure sector deals in the £5,000 to £150,000 range. Applications are accepted from across the North and Midlands, with the Fund looking to realise 46 deals a year.
At a flat rate of 6.5% interest, the average loan term secured is expected to be three years.
Interested in business development on these terms, as a social/community enterprise. See the links below…
Will you be ready for Social Saturday this year again? A date for your diary, 15th October 2016.
A whole day dedicated to the promotion of, awareness raising about and the engagement with new customers, clients and service users.
Get your Social Enterprise in full broadcast mode with the readily downloadable Media Pack from the Social Saturday web pages. A great resource.
Check our the ideas for promotion, templates for everything from press releases to a letter to your MP or elected members to give your enterprise a boost, support Social Saturday in 2016. Celebrate the work of your community with invited guests. Makes great copy!
You can always support the team at Social Saturday and add interest to your own energetic promotion by emailing news of your events or occasions to firstname.lastname@example.org
Give your enterprise a boost, support Social Saturday in 2016.
Planning your new social enterprise in 2016?
You can find some simple and effective Key Fund toolkits below. Whether needing to survey and assess your income needs as an individual, or a family unit, or to calculate various loan interests.
You can also find a template for creating your Social Enterprise Business Plan. This will guide you methodically and clearly through the steps you need to plan your governance, your policies and your operational delivery – all focused on social enterprise creation and sustainability.
View, print or download your cashflow template here (MS Excel file).
View, print or download your Loan Illustrator here (MS Excel file).
The Key Fund main web pages also have a more comprehensive and detailed set of resources available on the Fund Start-up Advice web centre (Courtesy of Start-up Donut). This offers you more insight and detailed resources for creating a new social business and has links to a variety of services and information that new groups or companies will find useful.
So, wherever you are on your social business journey in 2016, from first idea to seeking social investment, you can contact The Key Fund Team here.
A happy and enterprising 2016!
Sheffield Social Enterprise Network (SSEN) is to commission business development expertise to sustain and develop the network beyond the end of the Lottery grant which expires on 31 March 2016.
The main areas of work include: