Social Enterprises

(asked on 22nd November 2022) - View Source
Questioner
Rachael Maskell Portrait
Rachael Maskell
(Labour (Co-op) - York Central)

Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Digital, Culture, Media and Sport, whether she has a target for the proportion of her Departmental budget that will be used to fund social enterprises by the end of this Parliament.

Answered by
Stuart Andrew Portrait
Stuart Andrew
Shadow Secretary of State for Health and Social Care
This question was answered on 25th November 2022

The Government recognises the social enterprise sector’s positive contribution to society and the economy and supports the sector in a number of ways.

This includes;

  • access to finance, including £485 million of dormant assets funding that has been allocated to social investment, supporting thousands of charities and social enterprises across England;

  • increasing participation in delivering public services through the £900,000 VCSE Contract Readiness Fund announced in September;

  • encouraging social enterprises and entrepreneurs to flourish in left-behind places and building the evidence of what works to encourage the next generation of entrepreneurs, as committed to in the Levelling Up White Paper.

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