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Jargon buster - Social enterprise

1 min read Early Years Education Youth Work
Where might you hear it? In a speech by cabinet minister Liam Byrne - or anywhere in children's services.

What does it mean? Social enterprises are businesses that aim to generate profit to further their social and environmental goals. The presence of social enterprises is increasing in a wide variety of industries. Some of the better known social enterprises working with children and young people include Jamie Oliver's restaurant Fifteen, which gives disadvantaged young people the opportunity to create a career in the restaurant industry, and Live Futures, which engages and trains young people from disadvantaged backgrounds to create their own media, such as magazines, websites, record labels or digital films.

In February, the government showed its intent to build on the work of social enterprises in the UK and expand their presence in the children and young people's sector. Speaking at a social enterprise conference, cabinet minister Liam Byrne said he wanted to see more social enterprises running children's centres, schools and youth clubs. He also pledged to boost numbers of enterprises by around 25,000 to realise his vision.

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