Prospecting the future’ is a new rapport from from Social Enterprise UK and the Access Foundation that shows that social enterprises in the UK, businesses with a social or environmental mission, are increasingly in need of working capital to finance their operations and deliver contracts.
The report also revealed that larger amounts of finance were likely to be raised by social enterprises in the most deprived areas, and that a large minority continue to apply for grants as part of their income mix.
‘Prospecting the future’ provides a snapshot of social enterprises operating in the UK and their finances.
The research draws on findings gathered between 2011 and 2015.
According to Peter Holbrook, Chief Executive of Social Enterprise UK,Research shows that access to finance has always been an important issue for social enterprises and is one of the key barriers for those both starting-up and seeking to grow.
More Information can be found here
Download the rapport here
Source: Social Enterprise UK