Social enterprise

Social enterprises are businesses trading for social and environmental purposes. Many commercial businesses would consider themselves to have social objectives, but social enterprises are distinctive because their social and/or environmental purpose is absolutely central to what they do – their profits are reinvested to sustain and further their mission for positive change.  Social Enterprise Coalition

Read FAQ from Social Enterprise Coalition

National Assembly of  Wales actively support Social Enterprise’s: Announcing the project at ‘Creating New Futures’, the Social Entrepreneurship Conference in Cardiff, the Deputy Minister for Regeneration, Leighton Andrews, said:

Social enterprises have a central role to play in providing services to local people, helping to regenerate communities and creating local wealth.

The [U.K.] government’s definition has it that a social enterprise is an organisation ‘with primarily social objectives whose surpluses are principally reinvested for that purpose in the business or community, rather than being driven by the need to maximise profit for shareholders and owners’. There is no legal definition.