Crunch time for social enterprises

By Helen Warrell, Third Sector, 30 April 2008

The current financial downturn is a make-or-break moment for the social enterprise sector, a leading social entrepreneur has warned.

Cliff Prior, chief executive of enterprise support charity UnLtd, said many social enterprises were already suffering from the effects of the credit crunch. "This is the big test of how well the movement towards social entrepreneurship is going to endure," Prior told Third Sector . "If it can survive a...

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