Scots say yes to social enterprise quality mark

Senscot consultation shows a comfortable majority support plan

The social enterprise mark has been given the thumbs-up by Scottish social entrepreneurs consulted by umbrella body Senscot.

"The body of opinion in favour of a social enterprise mark comfortably outweighs that against," said Senscot in a report published this month.

It said social entrepreneurs in Scotland wanted the mark to promote organisations that shared certain values, particularly a social purpose and a transparent 'asset lock' that indicated profits would be reinvested in the company or the community.

Respondents also said the mark should be used to separate businesses from private sector enterprises and that a clear defining mark would make it easier for social enterprises to collaborate with each other.

However, Senscot said the 100 or more entrepreneurs who took part in the study had several concerns, including whether requiring enterprises to make 50 per cent of their money from trading was reasonable and whether the current fee structure was correct.

Scottish social entrepreneurs were also supportive of a Scotland-specific process for attaining the mark.

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register
Already registered?
Sign in

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus