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Enterprise plan launched

By Helen Warrell, Third Sector, 4 April 2007

The Scottish Executive has launched a strategy it hopes will help the country's 3,000 social enterprises work more effectively.

The strategy and its corresponding action plan - compiled after consultation with more than 80 Scottish enterprises - have four main aims: to raise the profile of social enterprise; to open up the public sector and commercial markets to working with enterprises; to increase the range of finance available to develop enterprise; and to provide enterprises with better business support.

The executive has earmarked £1.5m for the strategy. Further funding will be decided in a strategic spending review in May.

The first round of spending includes £170,000 for a social enterprise marketing strategy, £75,000 to provide financial management training for managers and board members, and £350,000 for one year's business support.

"Until now, social enterprise in Scotland has been undervalued and not given the tailored support it requires," Antonia Swinson, chief executive of the Scottish Social Enterprise Coalition, told Third Sector.

"This strategy is a starting point for redressing that balance and creating a socially enterprising Scotland."

Speaking at the launch of the strategy, MSP Rhona Brankin, minister for communities, said: "Social enterprise has a vital role to play in helping the executive with some of its main commitments for Scotland - growing the economy, delivering excellent public services and supporting stronger communities, together with developing a vibrant third sector."

Ian Mitchell, regeneration director of Communities Scotland, an agency of the Scottish Executive, said: "We expect this to act as a launch pad to make social enterprise a core consideration for those people responsible for buying goods and services in both the public and private sectors."