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ROSEANNA WELCOMES £3MILLION FUNDING BOOST FOR SOCIAL ENTREPRENEURS

Roseanna Cunningham MSP has welcomed the news that a scheme to encourage the launch of new companies that benefit and involve communities will see annual funding double to £1 million for each of the next three years.

Ms Cunningham said:

“The Social Entrepreneurs Fund offers grants and business support to help people make their ‘social start-up’ aspirations a reality.  Increased backing for the fund is just one of 92 commitments made in the 2017-2020 Social Enterprise Action Plan.

“The plan follows publication of Scotland’s first-ever Social Enterprise Strategy, aimed at sustainably growing the sector over the next decade. Already, Scotland has more than 5,000 social enterprises – businesses that reinvest profits to address important issues like homelessness, unemployment or climate change – with 200 new enterprises starting up every year.

“Social enterprises empower communities and act as a catalyst for change.  Across Scotland, they employ more than 100,000 people and contribute around £1.86 billion to our economy each year, so they make a significant economic contribution as well.  I hope that the increased support for this Fund will see more social enterprises established in my constituency.”

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NOTE: Other commitments in the action plan include:

  • £1.2 million for Just Enterprise, a business support programme providing workshops in finance, sales, market research and e-commerce

  • Bringing the international “Buy Social” certification scheme to Scotland, making it easier for consumers to know the social impact of buying certain products or services

  • Expanding the use of Community Share schemes – an innovative way for communities to raise capital for new local social enterprises

  • Providing social enterprise learning in every school through the “Enterprising Schools” programme, inspiring the next generation of social entrepreneurs.

 

Roseanna Cunningham MSP, 63 Glasgow Road, Perth PH2 0PE  •  01738 620540   •   Website designed & hosted by Craig Mackay Design