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The UK's new Conservative-Liberal Democrat coalition government has promised to invest heavily in social enterprises and other "impact" businesses that create jobs and improve the lives of people around the world, the Guardian reports.
The government says it plans to create a new department focused on social enterprise and social investment.
"I've heard a lot of hope that social enterprise and social investment could be taken to a more 'central' department, recognizing them as powerful economic actors and not just a 'nice to have' on the margins," writes Andrew Roth.
"This government might have a five-year term to deliver it, but it needs to happen sooner rather than later if it is to leverage the full potential of the social economy to deliver on its pledges."
The chief of Social Enterprise UK says social enterprises could have a "transformative role" in areas like social care, education, housing, and so on, but not everyone is convinced.
"This government might have a five-year term to deliver it, but it needs to happen sooner rather than later if it is to leverage the full potential of the social economy to deliver on its pledges," writes Roth.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
The passing of my father was a transformative moment for me.This perspective shift is why I now dedicate much of my energy to youth programs and community development.I've leaned heavily on...more
Haril Kazindra and wife Andrea are the co-founders of Musana, a community development NGO that runs 19 social enterprises across Uganda.Musana has offices in Denver and London and employs 700 staff,...more
Foundation: Lilly Endowment
All In Kosciusko exists to promote and accelerate the economic and community development already happening across the county.Concerns about economic diversification, talent retention and quality of...more
The Bill Gatton Foundation supports K-12 and higher education, health, and community development in Kentucky, Upper East Tennessee, and Southwest Virginia.Large education grants include $13.5 million...more
Local organizations win $9 million for new affordable housing, social services.Connecticut's Community Investment Fund grants come amid a deluge of cuts to federal funding.The fund was established in...more
Foundation: Parasol Tahoe Community Foundation
Parasol Tahoe Community Foundation has proudly supported Bread & Broth for the past 10 years.In 2024, the Community Foundation was able to introduce the mission of Bread and Broth to a donor who is...more
Foundation: Latino Community Foundation
Latino Community Foundation Awards $3.88M in Grants Across California and Nevada.NewsBreak: Latino Community Foundation awards $3,000,000 in grants across California andNevada.Newsbreak: $1.5 million...more
Alejandro Betancourt Lopez rejects traditional corporate social responsibility models that separate business operations from community impact.Rather than limiting community engagement to corporate...more
Thoughtful giving isn't just about making a donation, it's about creating meaningful impact.Community foundations exist to connect generosity with need, ensuring that charitable giving is both...more
Kareem Thomas most recently served as Chief Credit and Lending Administration Officer at Reinvestment Fund.Bhavani Daryanani has more than 20 years of experience in the sector, bringing deep...more
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Social Entrepreneurship
Spotlight
When it Comes to Social Enterprises, Failure is the Best Platform for Innovation
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.
