Thought Leadership

On New Year’s Day, the social enterprise community work up to the news that Nobel Laureate, Professor Muhammad Yunus was to be sentenced to six months in jail on charges of violating labour laws in his home country of Bangladesh. He is currently on bail pending an appeal. Professor Yunus is one of the true pioneers of the social enterprise movement crediting with lifting millions out of poverty through the innovative use of micro-finance, something which earned him the title of ‘banker to the poor’. The harassment and now sentencing of Professor Yunus has been condemned by fellow Nobel Laureates, global leaders and concerned citizens from around the world as being politically motivated. Amnesty International stated that the Bangladeshi Governments’ actions are “emblematic of the beleaguered state of human rights in Bangladesh, where the authorities have eroded freedoms and bulldozed critics into submission.” Not only is Professor Yunus an inspiration to social entrepreneurs around the world he is also a real friend of Social Enterprise UK, having spoken with and met some of our members at a reception in Parliament and also taken part in our online Social Enterprise Futures conference in 2021. Our Chief Executive, Peter Holbrook believes that not only is the persecution of Professor Yunus politically motivated but also point towards the real dangers faced by those who dare challenge the status quo, telling Pioneers Post that “if you really get close to achieving your mission [of] positively changing the world in a structural and systemic way, then existing sources of power will come after you.” Show your support and solidarity We’re encouraging our members to show that they stand in solidarity with Professor Yunus through sharing a picture of them holding a sign stating ‘I Stand with Yunus’ and then posting this on social media using #IStandWithYunus. Whilst work proceeds behind the scenes to fight for the overturning of this unjust sentence, showing that Professor Yunus is supported and appreciated by the movement he did so much to inspire will keep his case on the radar and hopefully help keep his spirits up. His team at the Yunus Centre are encouraging everyone to get involved and are in direct contact with him passing on messages of support. Please do show your support by taking this simple online campaign action.   You can also still add your name to this open letter signed by 188 global leaders created when the Bangladeshi Government’s harassment of Professor Yunus became apparent. Signatories include over 100 Nobel laureates, Barack Obama, and former UN Secretary-General Ban Ki-moon. To add you name email protectmdyunus@gmail.com.

We're thrilled to announce the expansion of Impact Hub London, with the opening of our second hub in Spring 2024! Introducing Impact Hub London Euston at Regent’s Place A fully sustainable and accessible workspace, rated BREEAM Excellent, Impact Hub London Euston at Regent’s Place provides a vibrant space for collaboration, connection, and inclusive innovation. It’s perfect for social entrepreneurs and growing impact teams, with 6 private offices, 16 team desks and coworking space. Located between Camden, Regent’s Park, Fitzrovia, Euston and Marylebone, and with five tube stations within an 8-minute walk, it is one of the most accessible areas in London, helping to bring changemakers from across London together.  Read more about our new location here. Workspace features Micro-office Team desks Coworking space Bike parking Breakout areas Members library Communal kitchen Dedicated event space Fully accessible design Meeting rooms Dog friendly Join the Movement Join us in Euston as we create a vibrant community dedicated to making a difference. Together, we can harness the power of collaboration, innovation, and collective action to build a more sustainable and inclusive future. Download the brochure Book a call to find out more!  

Find out about social enterprise Beam's 131,370 Reasons to Act Now campaign to help support individuals and families experiencing homelessness to find safe and stable homes. Only 4% of Brits gave money to the homeless in 2023, according to the latest research by Beam, the social impact start-up supporting homeless people and refugees. Rates of giving have also declined year on year since 2021. 11% of people reported donating to the homeless in 2021, falling to 9% in 2022. Average giving in December has fallen from £9 in 2022 and £7 in 2021 to a new low of £3, month to date this December. These falling donation rates come at a time when the latest government figures state 131,370 children are now legally homeless, living in emergency accommodation due to the lack of social housing and the deepening cost of living crisis.  According to a survey of 2,000 adults in the UK conducted during the first week of December 2023, the reasons for declining giving were: not carrying cash (34%), the cost of living crisis (31%), unsure of what the money will be spent on (19%), don’t know enough about the individual (11%), and other causes being a priority (5%). The new data highlights the growing impact of a cashless society on giving. The survey also highlights the misconception that homeless people are mostly rough sleeping or begging, when over 80% of homeless people are off the streets in emergency accommodation.  However, there may be signs of a way out. The average one-off donation to people using Beam’s crowdfunding platform is £31.09*, highlighting that online giving, personal stories, direct connections and transparency on where donations go can significantly increase the size of donations.  Beam is the world’s first crowdfunding platform for homeless people and others in need. Beam has been able to help people like Regina from South London, who was introduced to the social impact start-up after almost four years of homelessness. She had to flee her home from an emotionally abusive domestic situation for the safety of herself and her daughter. To afford the hostel that the council offered her, Regina had to quit her estate agent job and go onto Universal Credit. Through Beam, the public funded Regina’s employment training and nursery bills so that her daughter could receive support while she levelled up her career. With Christmas around the corner, Beam has launched its “131,370 Reasons to Act Now” campaign. There are currently 131,370 homeless children in emergency accommodation in the UK. Beam is urgently raising £131,370 to support the individuals and families working with Beam to find a safe and stable home so that next Christmas their situation will be brighter. Alex Stephany, Founder and CEO of Beam: “This winter, we face a deepening homelessness emergency. Beam’s latest research highlights the UK public still holds some outdated beliefs that directly impact people’s willingness to support homeless people. Beam’s online donation platform tears down barriers like lack of cash and worries about where the money will be spent. At the heart of this new model is technology that can directly connect people who care about this issue with those in need. Homelessness is one of the biggest social problems of our time and the need has never been greater. By backing someone on Beam, people can give transparently as each homeless person has their own budget with costs broken down to the nearest pound. Efficiently - as 100% of donations go towards the campaign's cost. And responsibly - as Beam holds all donations securely on behalf of the people we help.” Regina comments: “Homelessness isn’t a choice anyone makes unless they are out of options. People not only need your help, but your kindness. I got 1-1 support from a Beam caseworker and financial support from Beam’s community. And I also heard directly from the donors who left messages of encouragement - those messages were lights of hope in the darkness. I will never forget one I got from a little girl who wanted to use her Christmas money to help the homeless. Those messages kept me going. This Christmas you could help someone like me and your money and kindness could mean that next Christmas they too are out of homelessness and on to a brighter future.” About Beam Beam is a start-up supporting homeless people and refugees into stable jobs and homes for the long-term. Its unique crowdfunding platform helps disadvantaged communities to raise funding for job training, work tools, rental deposits and other financial costs related to finding a job or home. Over 200,000 donations and 60,000 messages of support have flowed through Beam’s platform to homeless people and others in need of support. Donations come from the public and companies, who can view transparent budgets of financial barriers required to support each person. By partnering with the government to fund its overheads, Beam also has a unique 100% giving model, allowing every penny to fund financial barriers for some of the UK’s most vulnerable people this Christmas. Since launching in 2017, Beam has supported more than 2,500 homeless people and refugees into stable jobs and homes.

Serving London for over 20 years, Tarem Services Limited is a social enterprise dedicated to addressing the ongoing issues surrounding in-work poverty within the UK. We firmly believe that every cleaner and other blue-collar worker deserves to earn more than just a ‘living wage’ - this is especially true as the cost of living continues to soar. Our social mission is to “tackle in-work poverty for all and deliver real change within our workforce, create awareness of the issue, and drive better social values. We fully understand how critical our role is in providing our clients with the highest standards in terms of the services we provide. More importantly, we take the well-being of our entire workforce very seriously as they are the backbone of our excellence and persistent successful track record. We’re pleased to share Tarem Services' latest Social Impact Report July 2022 – August 2023.  The report highlights Tarem Services' commitment to delivering positive impact over the last 12 months.  As a social enterprise, we continue to take purposeful actions to uphold our responsibility to create a more sustainable and brighter future.   Download the full report from here

We are proud to announce that pioneering social entrepreneur Joanne Anderson has joined us as an Associate Director leading our Social Value 2032 Programme. As the first female Mayor of Liverpool, Joanne spearheaded efforts to deliver social value for local communities, introducing and monitoring targets across local government contracts to make sure that procurement benefitted people and planet. Her achievements include setting up the first Black social enterprise community consultancy, Innervision, as well as leading community engagement policy work in the Crown Prosecution Service. She is also the founder of BlaST, a Black social traders network set up in 2021 as part of her work with the Kindred social enterprise community across the Liverpool City Region. Joanne brings nearly three decades of experience as an equality, diversity and inclusion practitioner to Social Enterprise UK, as well as a great passion for businesses that consider their social and environmental impact. Her new role will see Joanne helping us make the ambitious vision behind our Social Value Roadmap a reality, working to embed this pioneering approach to procurement across the public sector and in the UK’s largest companies. As well as driving forward the research and lobbying work of our Social Value 2032 programme, Joanne will host our next Social Value Leaders Summit in March 2024 for key cross-sector stakeholders to explore how this growing business movement can shape markets and organisational behaviour. Commenting on joining the Social Enterprise UK team, Joanne said: “This is going to show the nerd in me – I was completely excited and delighted to read the Roadmap! Every frustration I had around social value was labelled nicely in a report with a roadmap of what to do about it. Between my unique social enterprise and local government perspective, I’ve seen that there's just not enough understanding around social value. “Social value means ‘extra’; If you're a business that does something ‘extra', that has a positive impact on people, that's social value. You’re going to have an impact as a business and you can decide whether it's good or bad. Having a positive social impact on the communities and people around you are what makes the difference. “What's important is to get some standards around how we measure impact. I couldn't have been given a better Christmas present, really, than to get stuck in to try and lobby the next government about the real opportunities in using the Social Value Act - tackling our social problems at a local level and creating community wealth building. As a bit of a purist, I think all businesses can be good businesses. That's my vision, my utopia.” Find out more about our Social Value 2032 programme at socialenterprise.org.uk/evidence-policy/social-value-2032-shaping-the-future-of-social-value.

Our latest State of Social Enterprise report shows a growing sector that is not only profitable and productive but truly pioneering in its impact for people and planet. This year’s report titled ‘Mission Critical’ estimates that there are 131,000 social enterprises across the country, representing almost one in 42 of all UK businesses. Overall, the research shows a movement creating huge impact, despite complex challenges restricting its potential. Not only are social enterprises doing right by society and the environment, they are performing well in economic terms, with a collective turnover of approximately £78 billion or around 3.4% of GDP. Only 17% reported a decrease in turnover, compared with 30% of businesses as a whole. In the last financial year, social enterprises made £1.2 billion in profit, re-investing £1 billion to drive progress on their vital social and environmental missions. By comparison, FTSE 100 companies were on track to spend a record amount on share buy-backs, alongside nearly half of their expected net-profit of £170 billion going to paying dividends. Social enterprises are also major employers, creating jobs for around 2.3 million people, with 84% paying the real Living Wage. They are continuing to break down employment barriers around gender, race and class through workforce diversity; 22% of social enterprises operate in the most deprived areas of the UK, compared to 14% of wider businesses, while 58% have leadership teams that are at least half female and 43% have at least one leader from Black, Asian or Minority Ethnic backgrounds. As well as tackling social inequalities, social enterprises are actively addressing environmental issues, with almost a fifth fighting climate change as their core mission and 65% having a plan in place to reduce their greenhouse gas emissions. Given the growing crises in our natural world, we need to harness the power of social enterprise now more than ever. However, the report also showed that social enterprises are increasingly under strain, with complex economic barriers meaning that the full potential of this pioneering business model is not being realised. Beyond the general economic instability and uncertainty facing all businesses, many social enterprises struggle to access sufficient or suitable finance, and often report lacking the skills to obtain much-needed investment.   Commenting on the research findings, our chair Lord Victor Adebowale CBE said: “While social enterprises continue to start up and grow, despite the obstacles, the scale of our ambition should not be to keep things going. We cannot take for granted the sector’s ongoing contributions to our economy, our environment and wider society. Social enterprises are surviving but they should be thriving. “Given the sector’s impact despite present challenges, its potential in a more supportive ecosystem could be transformative.  ‘Business as usual’ isn’t working and this mission-led model must become the new normal. As we look ahead to a general election year, social enterprise solutions must be front and centre of a British economy that drives fair growth for all.” The State of Social Enterprise report, published every two years, is the most comprehensive piece of research looking at the key trends and issues affecting our movement. It will form the basis of our continued research and policy work, and is a key resource in raising the profile of our sector amongst decision makers. You can read the full report on our Social Enterprise Knowledge Centre, which houses all our research evidence: socialenterprise.org.uk/social-enterprise-knowledge-centre/the-state-of-social-enterprise If you’d like to contribute to future Social Enterprise UK research, please register to be part of the Social Enterprise Advisory Panel by emailing research@socialenterprise.org.uk

Last night we celebrated the winners of our UK Social Enterprise Awards at the iconic Roundhouse in London. The Roundhouse has witnessed music history and on 30 November 2023 that same stage was graced by the brightest lights in the social enterprise sector. Across 15 categories, the Awards shone a spotlight on the  innovation and impact of the UK’s diverse social enterprise community, as well as those organisations that support social enterprises develop and grow. The winner of the overall UK Social Enterprise of the Year award was the Isle of Skye Ferry CIC – a social enterprise that owns and operates the last manually operated turntable ferry in existence, running from Glenelg on the Scottish mainland to the Isle of Skye. It connects rural communities, provides training opportunities and creates living wage jobs,  as well as helping to grow the surrounding economy by sourcing goods and services from local businesses. From employing people who are homeless  to nurturing artisan makers and supporting carers to running community laundrettes, all our award winners really showcased the dynamism inherent within the social enterprise movement. View the full list of winners here The Awards ceremony was hosted by comedian, author and TV star Shaparak Khorsandi. Guests also enjoyed performances from a host of social enterprises that use music to empower young people and marginalised communities. Commenting on the Awards, our Chief Executive Peter Holbrook, said: “The last year has been a difficult one for businesses across the UK, and it has been no different for social enterprises. The Awards were a real evening of hope and inspiration and brought home the sheer ingenuity, adaptability and determination of the social enterprise community, which has continued to deliver for the people and communities they work with and support. “The winners include businesses breaking down barriers for groups marginalised in the workforce, organisations at the heart of local economies, and those finding innovative ways to tackle the climate crisis. The ever-growing movement of social enterprise truly represents business at its best. Congratulations to all of our winners.” As well as celebrating the successes of the social enterprise movement, the Awards also used a social enterprise supply chain. Trophies from The Workshop Aberfeldy will not only reward the winners but also support young and disadvantaged people to gain employment, skills and confidence. A fantastic three-course meal was provided by the Clink, a business working in prisons. Social enterprises also provided the refreshments, photography, printing services and event management. The Awards were delivered in partnership with Cwmpas, Social Enterprise Northern Ireland and Social Enterprise Scotland. The Awards were sponsored by:

The latest Barometer in our Social Enterprise Knowledge Centre depicts a sector weathering economic storms, resilient in the face of growing pressures but also showing real signs of strain. Our Barometer reports are published quarterly to provide a snapshot of social enterprise performance across the UK. This latest survey looked into the key issues and trends facing the sector, from reserves and profit making to staff numbers. The proportion of social enterprises that have increased their reserves has gone up in the last quarter, with 33% reporting an increase compared to just 18% in the previous three months. However, 31% reported a decrease in reserves. Profitability levels and the proportion of social enterprises breaking even has dropped by 10% since January, but most respondents managed to at least maintain their profits over the past three months. A positive in this quarter’s report is that the downward trend of social enterprises reporting a reduction in staff has continued, and more social enterprises are starting to grow staff numbers. When asked what the main challenges have been in the last three to six months, more than a quarter cited access to finance as a major issue, with inflation and skills shortages also being identified as major challenges. The picture painted in the November 2023 Barometer is a mixed one – social enterprises are succeeding against the odds, but many are seeing incomes decline and reserves depleted. More needs to be done to support them as they continue drive growth for people and planet. Click here to read the full report