Government launches guide to social return on investment

Charities and social enterprises will promote their merits to commissioners

A guide to social return on investment was among a package of measures to support social enterprise launched by the Office of the Third Sector yesterday.

The guide has been designed to help sector organisations put across their social and environmental merits and help public sector commissioners understand the benefits they offer.

The OTS has announced a new ministerial working group, to be chaired by Cabinet Office minister Liam Byrne, which will help charities and social enterprises compete for public service delivery contracts.

It has also set out a new fast-track investment process, through which government-backed loan fund Futurebuilders England will administer £45.6m of previously allocated funding to help social enterprises to deliver public services.  

"Social enterprises are well placed not only to respond the any increasing demands for services for vulnerable people," said Byrne. "They also provide a blueprint for the kind of ethical and sustainable businesses that will help build a new, more balanced economy."

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