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What is a social enterprise?

More information about Beam as an organisation

Alex Stephany avatar
Written by Alex Stephany
Updated over 2 years ago

Social Enterprise UK defines "social enterprises" as businesses that:

  1. Have a clear social and/or environmental mission set out in their governing documents

  2. Generate the majority of their income through trade

  3. Reinvest the majority of their profits

  4. Are autonomous of the state

  5. Are majority controlled in the interests of the social mission

  6. Are accountable and transparent

Many charities and businesses create positive social impact as a by-product of their operations. But we aspire to be an organisation with a business model that is based on solving social problems. 

In the case of Beam, the positive social impact we are creating is to support a growing number of disadvantaged people including homeless people and refugees to gain new skills and attain and sustain employment and housing.

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