15 Aug '11, 5am

Social Entrepreneurs Mushrooming in Britain: Social Enterpri... via @justmeans

Social Entrepreneurs Mushrooming in Britain: Social Enterpri... via @justmeans

Social Enterprise UK, a governmental body for the promotion of social ventures, says that a new generation of social entrepreneurs is driving the proliferation of social enterprise start-ups in Britain. An estimated 62,000 new social entrepreneurship ventures are operating in the country, many of which are focused on uplifting the most deprived communities. The report released by Social Enterprise UK states that there are three times as many social innovation and venture philanthropy businesses operating in the most economically backward regions as mainstream companies. The start-up rate of such businesses is also much higher, with 14 percent of such ventures having come up in the last two years compared with 4 percent of traditional small businesses. The likelihood of social ventures having recorded growth over the last one year is more than twice that of conventional bus...

Full article: http://www.justmeans.com/Social-Entrepreneurs-Mushrooming...

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