The third SEAP survey looked in-depth at resilience and how social enterprises are adapting to the pandemic six months in. It showed social enterprises are experiencing a dynamic period of change with only 11% running as they were pre-COVID. It also showed a third are providing targetted support to those in need due to COVID, showing how important social enterprise is for the most affected and vulnerable.
It also looked at innovation, finding that BAME-led social enterprises seem particularly innovative and resilient as all BAME-led respondents have adapted their business models. This group has been especially proactive at product/service innovation and pivoting to provide goods/services online.