PLUS: Pioneering revenue-based fund launches in Scotland; Back Market raises $335m in “bullish” circular economy market; AU$8m boost for Queensland social enterprises; Dutch trio backs “truly disruptive” AI firm Envision – and more.
About a fifth of Scotland’s social enterprises are so far using the UK’s furlough scheme, according to initial research, while lack of cash reserves among those applying for emergency grants suggests a financially fragile sector.
The Scottish government is among those announcing new funding this week, as it unveils early details of support for charities and social enterprises – but Westminster is yet to reassure the wider UK charity sector of its support.
Scotland is world-renowned for its thriving social enterprise scene, and it’s looking set to retain its top spot. Chris Martin, who joined Social Enterprise Scotland as CEO last December, tells us what to expect.
It was the first time we'd got out of London (to Glasgow) and the first time a CEO had sung to us about jam sandwiches. We also got an insight into deprivation and regeneration from the boss of Social Enterprise Scotland.
Issue 7 of our magazine is out now. Read our exclusive interview with minister for civil society Rob Wilson, then find out how other social enterprise leaders feel about government's relationship with the sector. Plus: NatWest Social Business Award winners profiled.