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The Social Enterprise Project was set up in partnership with Ernst and Young to help students develop their own business projects that tackle a social problem. Two winning projects were awarded £3000 of funding for their projects.
Social enterprises are businesses with a social mission. They trade and reinvest their profits in ways that will help them further this mission.
In this way, social enterprises can really kick start social change and make huge differences to a community.
Want to find out more about Social Enterprise? Check out Social Enterprise UK or take a look at The Big Issue, The Eden Project or Jamie Oliver’s Fifteen.
Social enterprises exist in a huge variety of sectors: whether design and marketing, working with young people, arts and theatre projects, healthcare, retail, food and drink, consulting and business support, social enterprises operate in all forms. Whatever your business idea, you can develop a successful project that will fuse entrepreneurship with a social mission.
You might have a brilliant idea for a social enterprise project, but do you have the skills you’ll need to translate this into a successful business?
We ran a training event in partnership with Ernst and Young whose consultants covered a wide range of business skills that will are crucial in making projects work.
The Social Enterprise Project gives you a chance to gain practical experience of developing and running a business, whilst looking to find a solution to a social problem. You’ll be able to network with local business leaders, social entrepreneurs and Ernst and Young consultants whilst developing your business skills in a sector that interests you. All this will look great on your CV and give you lots to talk about at interviews.
Once you’ve come up with your social enterprise idea, you’ll need some help and support to translate it into a business plan. Each project group will have the support of a social entrepreneur, someone who’s developed their ideas for social change into a successful business, or an expert from Ernst and Young to help you put your ideas into action.
Getting involved with the project is a great way to develop your business skills. From marketing, promotion and digital media to risk management, accounting and business planning, you’ll be able to build up your skills base and make yourself more employable.
The Social Enterprise Project is your opportunity to start to tackle a problem you’ve seen living, working or volunteering in your community. If you’ve got an enterprise idea that could really deliver social change and make a difference to a community, then this project is for you.
Once your group has developed a business plan with the support of your mentor, you’ll bid for seed funding. This funding is to help you get your project off the ground, to get you into a position where your social enterprise is able to support itself, either through trading or approaching other investors for further funds.
Looking to find out more about the project and how you can get involved? Sign yourself up to our launch event!
We’ll be telling you all about how the project will work and how you can get hold of the money to get your social enterprise project up and running. There’ll also be representatives from Ernst and Young to explain the training you’ll receive to help you get started and, most importantly, you’ll get a chance to chat with social entrepreneurs, people who can tell you what it’s really like to run a business with a social mission.
Don’t have a project idea yet? Looking to find a group to get involved with? This is the perfect opportunity to find a project group and start developing ideas. Refreshments will also be available!
Come along to Copper Rooms 2 on the 15th October at 6pm and get involved!
Viva La Yog! is a project set up by three final year students: Katie, Sally and Chris. They aim to tackle socio-economic disadvantage in the Coventry area by financing nutritional classes for school children through the sale of their organic, home-made frozen yoghurt. Working with local schools and community groups, Viva La Yog! will engage some of the 35,000 Coventry children living in poverty through fun tasting and activity sessions, whilst educating them about the importance of a healthy, balanced diet. Take a look at what Viva La Yog! have been up to recently on their blog and visit their stall at the Atrium Market during Term 3!
Backer Adventures is a project run by Jakub, a second year student. Backer Adventures will hold affordable adventure and obstacle races for students and community groups, whilst donating a proportion of their profits to local charities. Races will be held between societies and halls, and eventually Jakub hopes to set up an inter-university league! Backer Adventures will create a network of fun events that will encourage students to get active, whilst supporting charities such as Action for Kids, which aims to help children with disabilities to be as active as possible.
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