Social Enterprise

What is a social enterprise?

Locala is set up as a social enterprise – but what does that mean?

Social enterprises do work like traditional businesses but it’s what they do with any profits that sets them apart – reinvesting or donating them to create positive social change.

Social enterprises create employment and reinvest their profits back into their business or the local community. This allows them to tackle social problems, improve people’s life chances, provide training and employment opportunities, support communities and help the environment.

Social enterprises exist in nearly every sector from healthcare to consumer goods to community energy to creative agencies, restaurants to facilities management. Well known national examples include The Big Issue, Divine Chocolate and the Eden Project but there are over 80,000 social enterprises throughout the country contributing £24 billion to the economy and employing nearly a million people.

For Locala this gives us the flexibility to tailor our services to meet the needs of our communities - and any financial surplus is re-invested back into supporting patient care.

We can also invest in our local area through initiatives such as the Locala Community Fund