Social Economic Enterprise
Social Enterprises are businesses with primarily social
objectives whose surpluses are principally reinvested for that
purpose in the business or in the community, rather than being
driven by the need to maximise profit for shareholders and
owners.
Social enterprises tackle a wide range of social and
environmental issues and operate in all parts of the economy. By
using business solutions to achieve public good, the Government
believes that social enterprises have a distinct and valuable role
to play in helping create a strong, sustainable and socially
inclusive economy.
Successful social enterprises can play an important role in
helping deliver on many of the Government's key policy objectives
by:
- helping to drive up productivity and competitiveness;
- contributing to socially inclusive wealth creation;
- enabling individuals and communities to work towards
regenerating their local neighbourhoods;
- showing new ways to deliver public services; and
- helping to develop an inclusive society and active
citizenship.
c SBS 2004