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12/02/2009
Social Enterprises 'Will Be At The Heart Of The New Economy'
The Minister for the Cabinet Office has today predicted a new era of influence for social enterprises as he announced steps to harness the sector to help Britain get through the economic downturn.
In a speech to the ‘Voice 09’ social enterprise conference, Liam Byrne said the British public would be more open to the ideas and ethos of social enterprise given the anger with banking leaders.
Measures designed to aid aggressive growth in the social enterprise sector will be drawn up at a Social Enterprise Summit co-hosted with Business Secretary Lord Mandelson.
The summit will identify how Government can support social enterprises to grow and play an even bigger part of the new British economy.
There will be a drive to create 25,000 jobs in social enterprises. To support this, Liam Byrne revealed that he will personally review the pipeline of public service contracts together with others, to get deal blockers out of the way.
And a new online capital market will bring together in one place all the advice, funding and contract opportunities available to social enterprises.
Minister for the Cabinet Office, Liam Byrne said: "Whether it's dealing with the current downturn or preparing for the new opportunities that lie beyond, social enterprise will become more, not less, influential on the path we take as a country.
"I'm not naïve enough to believe that every business in the country is going to emerge from this downturn with a double bottom line. But I think the country is going to look harder for ethos with its enterprise."
He concluded: "It's going to look harder to see whether a business offers care and trust, not just cut and thrust. This isn't a new idea - but it's an idea whose time has come."
(JM/BMcC)
In a speech to the ‘Voice 09’ social enterprise conference, Liam Byrne said the British public would be more open to the ideas and ethos of social enterprise given the anger with banking leaders.
Measures designed to aid aggressive growth in the social enterprise sector will be drawn up at a Social Enterprise Summit co-hosted with Business Secretary Lord Mandelson.
The summit will identify how Government can support social enterprises to grow and play an even bigger part of the new British economy.
There will be a drive to create 25,000 jobs in social enterprises. To support this, Liam Byrne revealed that he will personally review the pipeline of public service contracts together with others, to get deal blockers out of the way.
And a new online capital market will bring together in one place all the advice, funding and contract opportunities available to social enterprises.
Minister for the Cabinet Office, Liam Byrne said: "Whether it's dealing with the current downturn or preparing for the new opportunities that lie beyond, social enterprise will become more, not less, influential on the path we take as a country.
"I'm not naïve enough to believe that every business in the country is going to emerge from this downturn with a double bottom line. But I think the country is going to look harder for ethos with its enterprise."
He concluded: "It's going to look harder to see whether a business offers care and trust, not just cut and thrust. This isn't a new idea - but it's an idea whose time has come."
(JM/BMcC)
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Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.
