What is the difference between a Social Firm and a social enterprise?
A Social Firm is one type of social enterprise. Other types of social enterprise include development trusts, co-operatives, credit unions and community businesses. A social enterprise is a business that trades for a social purpose. The specific social purpose of a Social Firm is to provide employment for people disadvantaged in the labour market. See “The Extra Elements: A Social Firm Trainer: Part A” for an explanation and diagramme. To find out more about social enterprise visit the Social Enterprise Coalition Website.
