Are charities losing their value in a rapidly growing network of social enterprises? In recent years, a range of new business models for social benefit have emerged, including ‘Community Interest Companies’ (CICs) and ‘B Corporations’, which, for some, challenges the perception of what it might mean to be a registered charity or whether this model […]
Work Area: Social enterprise
Last June, the Cause4 team pooled out collective ideas and perspectives in our post ‘The Reality of Brexit for the Charitable Sector’ and did our best to offer calm, collected views about what the referendum result meant for the future of charitable giving in the UK, and for the charitable sector itself. Now, six months and […]
A recent report by Nesta seeks to understand the opportunities and challenges in crowdfunding for good causes. The research surveyed more than 450 charities, community groups and social entrepreneurs on their perceptions, awareness and usage of crowdfunding.1 Crowdfunding projects can be hugely popular, giving power to the people. Even apparently niche campaigns, such as a […]
On June 23, the UK will hold a vote on whether to remain in the European Union or to vote for ‘Brexit’ (British exit). As such businesses, organisations, NGOs and individuals are now considering the potential impact that a Brexit would have. This blog looks specifically at the implications of Brexit for charities and social enterprises.
Whoever says that you cannot start a business to make money and help make the world around you a better place is clearly living in the past. The phrases Social Enterprise and Social Entrepreneurship have become fixed in our lexicon and they are here to stay. With a more globalised world around us, we are more interconnected and interdependent than ever.
Taxi-sharing app Uber is currently running an initiative with Save the Children entitled UberGiving, to help collect donated items for refugees. On Wednesday 9th September 2015, the firm have offered to pay for taxis to collect clothing, homeware, toys, music and film donations, which will then be driven to participating Save the Children charity shops either to be sold, or sent directly to refugees. This inspired partnership has made me wonder whether not-for-profit organisations could learn any lessons from the sharing economy in terms of locating or accessing resources, or whether more of the sharing companies themselves could be open to partnership opportunities such as this to feed into their CSR policies.
One of the great strengths that social enterprises have is their emphasis on community. They see a social ill and then go about trying to correct it. This is effective in part because of its tight focus – but what happens when a community driven project begins to reach further?
In a charged campaign, social finance for charities and social enterprises is one of the few areas where the main political parties coalesce. But re-packaging existing capital is unlikely to reach the parts of the charity sector that other financiers find hard to reach.