The 2017 State of Social Enterprise Report, supported by Santander, is the largest, most representative survey of social enterprises in the UK. It shows a commercially resilient sector outperforming mainstream SMEs when it comes to turnover growth, innovation, business optimism, start-up rates, diversity in leadership and more. It points towards the Future of Business.
UPDATE: Complimenting the State of Social Enterprise Report, in September 2018 we launched The Hidden Revolution. The report, supported by Nationwide and Co-op Group, looks at the economic scale and contribution of the social enterprise sector. It showed there to be over 100,000 social enterprises contributing £60bn to the UK economy and employing 2 million people, considerably higher than previous estimates.
Commenting on the launch of the report, SEUK Chair Lord Victor Adebowale said:
“Social enterprises show us what the future of business can look like. These are credible businesses, competing in the open market but set up in a way that addresses some of the biggest issues we face. From homelessness and substance abuse to mental health and social care – social enterprises are working on the front-line creating opportunities and reducing inequalities. They are showing traditional businesses how social impact and profit can go hand in hand. If we’re to meet the challenges and uncertainties of the coming years, we should look to the social enterprise model for inspiration and guidance on how we can create an economy that works for everyone.”