The Debt Burden of Social Enterprises: How Choices Around Legal Form and Purpose Can Impact the Funding Options for Social Entrepreneurs
Sally-Anne Hunter ()
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Sally-Anne Hunter: Lifetime Consultancy Limited
Chapter Chapter 10 in Ethical Discourse in Finance, 2021, pp 201-221 from Palgrave Macmillan
Abstract:
Abstract In this chapter, the status of social entrepreneurship and social enterprise are considered with a particular focus on the UK ecosystem. In looking at both regulatory and structural issues, the author is able to bring her wealth of knowledge as a practitioner in, and consultant to, the Third Sector to pose crucial questions about the ways in which social enterprises are funded. This chapter also addresses the impact of the stage of an organisation on its funding options, the issue of the disparate ways that female-led businesses are treated by funders in all sectors and how COVID-19 is presenting challenges and opportunities for socially driven entrepreneurs. Recommendations are offered to entrepreneurs who are looking to form a social enterprise, and funders looking to support their endeavours.
Keywords: Social enterprise; Social entrepreneurship; Funding; Female entrepreneurs; Third Sector; Purpose-driven business; Charities; Community interest companies; Social investment; Loans; Debt finance (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psifcp:978-3-030-81596-7_10
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DOI: 10.1007/978-3-030-81596-7_10
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