DoH puts £73m in care enterprises

The Department of Health has set up a £73m fund to support the development of social enterprises in health and social care over the next four years.

Junior health minister Ivan Lewis launched the fund at the Social Enterprise Coalition's annual conference in Manchester last week.

Lewis also announced the 25 winning social enterprise "pathfinder" projects, which can apply for a share of a £1m start-up fund.

Ed Miliband, minister for the third sector, told the conference that Charity Bank, the not-for-profit community finance institution, and social enterprise consultancy Community Innovation UK would each receive £100,000 of funding to research projects that would boost private sector investment in social enterprise.

Miliband also revealed plans for a £2.4m fund for social enterprise organisations that can provide expert advice on the sector to government.

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