Policy Briefing

SMEs as Social Enterprises: Regional Disparities, Access to Finance, Strategic Intentions, and the COVID-19 Pandemic

ERC Policy Briefing

Associated Themes
  • Business Growth
  • COVID-19
  • Finance

Social enterprises (as distinct from charities, traditional non-profits or commercial businesses) have become an important part of the entrepreneurial ecosystem as more businesses become involved in pursuing social or environmental goals, while generating profits in order to remain financially viable. Using data from the Longitudinal Small Business Survey (LSBS), we examine the recent developments and financing challenges facing UK social enterprises. We also examine the future strategic intentions of social enterprises following the onset of the COVID-19 pandemic.