Social Enterprise Support

A Social enterprise is a business which trades with a social purpose or to benefit the community. Like traditional businesses they aim to make a profit but it’s what they do with their profits that sets them apart.

Social Enterprise is an exciting and fast growing sector in North Tyneside.

There are many different types of social enterprise business models and structures which vary according to their core purpose, ownership, management structure and accountability, these include for example Community Interest Companies (CIC), Trading Charities, Co-Operatives, Social Firms.

This element of the programme is delivered by a Social Enterprise Business Advisor to support individuals to explore social enterprise as an option when starting up a business and to help our existing social enterprises in the borough to grow.

If you are interested in setting up a business that will help others or the environment our Social Enterprise Business Advisor will support you to:

Explore the viability of your idea and set out a clear social and/or environmental mission
Write your business plan and figure out the Financials
Choose the right model (CIC, charity etc)
Support you through registering your business
Help you put policies and operational procedures in place to deliver your activities
Assist you with systems to measure your social impact to prove you are making a difference

If you are already established and looking at developing and improving your current projects and job creation support will be tailored to your needs and often includes helping you to: