Why set up a social enterprise?

Reasons for setting up a social enterprise include:

  • Meet a community need: finance, housing, fuel, education, economic opportunity for marginalised groups
  • Reduce reliance on grants and donations
  • Business model may be both the ends and means for your social goal e.g. an employment program
  • ‘Be the change’ by demonstrating better way of doing business - democratic, environmentally sustainable, socially responsible
  • Generate income for another charitable/community purpose

Source: ‘Developing strong social enterprises: a documentary approach’ – Barraket, Jo and Anderson, Heather – CPNS working paper no 52, Nov 2010; available at http://eprints.qut.edu.au/39028/1/39028.pdf