1. THE POLITICS, POLICY, POPULAR PERCEPTION AND PRACTICE OF SOCIAL ENTERPRISE Dan Gregory, Bristol, June 2016

2. Social Enterprise in the UK
Politics
Policy
Public perception
Practice

3. Politics

4. Politics

5. Politics from 2010

6. Politics from 2010 This is the theory of SIBs.
However, according to some, net savings are not essential for a SIB. Quite often savings may accrue but not to the commissioning body. What matters is that the partners agree a SIB mechanism could make sense from their perspectives.

7. Meanwhile…

8. Policy

13. Definition! independent social (or environmental) purpose
reinvests majority of profits
trading

14. Who said that?
“I believe we now have a real opportunity to create a much larger mainstream social enterprise sector in Britain”

15. Practice
12,000
68,000
200,000
1 million +

16. Practice 11,000 CICs Spin-outs
49% are under 6 years old – 3 times the proportion of SMEs
52% grew their turnover, greater than the figure for SMEs more widely (40%)
14% of social enterprises export or licence
59% introduced a new product or service compared to 38%
More inclusive and diverse leadership:
40% of social enterprises led by women;
31% with Black Asian Minority Ethnic directors;
40% having a director with a disability
41% of social enterprises created jobs compared to 22% of SMEs.
Average pay ratio 3.6:1 compared to 150:1 among FTSE 100 CEOs.

17. Scandal!

18. Conclusion