Social Enterprise

Helping to grow and develop the social enterprise sector in Inverclyde

Introduction

Social enterprises play a key role in strengthening communities, supporting local economies and creating positive social impact across Inverclyde. This page brings together practical guidance, local support and useful resources to help you understand what a social enterprise is, explore opportunities and begin your own journey.

What is a Social Enterprise?

A social enterprise is an organisation that trades to achieve a clear social, environmental or community benefit. While it earns income through selling goods or services, its profits are reinvested towards its mission rather than distributed to owners.

How We Support You

Understanding your social mission and community impact

Support with early business planning

Connections to local partners, services and networks

Advice on governance, legal structures and choosing the right model

Guidance on funding, income generation and sustainability

Signposting to training, events and learning opportunities

Our social enterprise support is delivered through EPIC, a programme funded by Inverclyde Council and the UK Government. EPIC focuses on creating local employment opportunities, supporting enterprise growth and helping residents develop strong, community-led organisations.

To schedule a meeting and discuss your idea, contact us by email: admin@cvsinverclyde.org.uk

Starting a Social Enterprise

If you’re considering setting up a social enterprise, we can help you take the next steps. Below is an outline of what to expect when developing your idea.

1.

Shape your mission

Think about the issue you want to address, who will benefit and how your work will create positive change. Understanding the difference, you want to make is the foundation of any social enterprise.

2.

Develop your concept

Begin drafting your idea, thinking about the problem you’re addressing and how your proposed service or product will address this problem and who will benefit.

A draft business plan is a great starting point, including how you will generate income and what resources you need. Once you have your draft, we can help you refine it.

3.

Explore legal structures

Social enterprises can take several forms, such as a Community Interest Company (CIC), Scottish Charitable Incorporated Organisation (SCIO), Co-operative, or a Company limited by guarantee. We will help you consider the structure that best fits your mission and long-term plans.

4.

Meet with CVS Inverclyde

You can speak with our team to explore your idea further, ask questions and access tailored advice.

5.

Build connections

We can link you with local partners, potential collaborators and other social enterprises across Inverclyde.

6.

Look at fundings options

We can help you explore: local funding and grants, social investment options and business planning and budgeting support

7.

Stay involved

CVSI hosts events, training and networking sessions designed to strengthen local enterprises and community-led initiatives.

Being Entrepreneurial

Social enterprise relies on people with ideas, determination and a desire to create positive change. Being entrepreneurial simply means being willing to try something new, take considered risks and learn along the way.

Entrepreneurs are often:

·      Committed to improving their community

·      Creative and resourceful

·      Persistent when challenges arise

·      Keen to learn and adapt

Inverclyde has a growing entrepreneurial community, with inspiring examples across social enterprise, technology, food, wellness, education and creative industries.

Get in touch:

To schedule a meeting and discuss your idea, please contact us at: admin@cvsinverclyde.org.uk