What is a social enterprise?
A social enterprise is a business that helps to improve well-being, including maximizing social impacts. “Social enterprises trade to tackle social problems, improve communities, people’s life chances, or the environment. They make their money from selling goods and services in the open market, but they reinvest their profits back into the business or the local community. And so when they profit, society profits.”
Here are some examples of amazing current social enterprises who work in the above ways successfully.
A bright, colourful and independent sandwich shop and cafe donates all profits to social causes. They are all about feeding the homeless and many other external charity projects such as the Social Bite Academy. Every single penny goes towards these causes helping to make the world a better place solving these social problems. 5 shops based in Glasgow, Edinburgh and Aberdeen selling sandwiches, coffees and other cafe basics.
Bringing the very best of Londons fresh bread from the bakery to your front door with no minimum order or delivery fee. Big problem solvers, helping to raise awareness of the social causes around us. 40% of all unemployed people are under the age of 25. 77% of all homeless people living in London hostels want to work. Refugees do not have jobs regardless of their higher qualifications. 685 of offenders say a job would be the thing to stop them from reoffending. 1/3 of all graduates took jobs as working as cleaners, office juniors or road sweepers 6 months after leaving university and 1.4 million people are working part time as they cannot find full time work. The person delivering the bread to your door pays the normal bakery amount and from the profit keeps the rest for themselves. All profits help a breadwinner to get back on their feet.
The Greatest Challenge of Our Time.
A organisation helping to join the fight against the deadly virus. AIDS has killed more than 35 million people since its discovery in 1981. More than 37 million people are now living with HIV. Life-saving anti-retroviral treatments cost as little as 30 cents a day, yet most living with HIV won’t see medicine in their lifetime. This is one of the most terrible, upsetting, life threatening viruses in the world. RED helps us to understand this and supports those who have to live with this illness. They are also making a huge impact and have raised 365 million dollars raised and 70 million peoples impact in places such as Ghana, Kenya, Lesotho, Rwanda, South Africa, Swaziland, Tanzania and Zambia.
Researching about social enterprises has helped me to realise the amount of different social causes there are in the world. There are a lot of social causes that go unnoticed. The above three companies have helped me to realise just how much nicer the world can be if we followed similar steps.