Social Enterprises
(asked on 11th January 2017) - View Source
Question to the Department for Digital, Culture, Media & Sport:
To ask Her Majesty’s Government, further to the answer by Lord Ashton of Hyde on 10 January (HL Deb, col 1856), what is their definition of a social enterprise.
This question was answered on 24th January 2017
Social enterprises are businesses with primarily social/environmental objectives, whose surpluses are principally reinvested for that purpose in the business or community rather than mainly being paid to shareholders or owners. We are currently refreshing our own government estimates of the nature and size of the social enterprise market in the UK, and we will publish our research early in 2017.