Social Enterprise UK has published its 2013 survey results based on 878 telephone and e-mail surveys. Among other things the survey finds that twice as many social enterprises (48%) as SMEs sought finance in the past 12 months and 39% cited access to finance as the single largest barrier to their growth and sustainability – the most common barrier experienced. The report continuous that the median amount of finance sought by social enterprise was £58,000 – well below the minimum thresholds of many specialist social investment vehicles.
“The data shows that there’s growing interest in social enterprise – it’s the sector where entrepreneurs are choosing to set up businesses. This fact speaks volumes about people’s motivations and a desire for change in the way that businesses behave and their contribution to society." Peter Holbrook, Chief Executive of Social Enterprise UK
Read more:
http://www.socialenterprise.org.uk/advice-support/resources/the-people-business
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