Since the launch of the Social Enterprise Mark back in 2010, we have tried to ensure the social enterprise business model remains:
We do this through providing independent accreditation for social enterprises.
We provide a single, recognisable ‘identifier’ for genuine social enterprises, which are assessed against sector-agreed criteria before being accredited. We also work to build the capabilities of social enterprises by creating a standard of social enterprise quality, that organisations want to aspire towards and regularly be held account to, in the interests of all their stakeholders.
Social Enterprise Mark CIC is a Community Interest Company Limited by Shares. A steering group made up of social enterprise leaders and supporters agreed that a Mark was important for the sector and together agreed its design, purpose and criteria. It was informed by the Social Enterprise Mark already piloted by Rise in the South West of England.
Social Enterprise Mark CIC is owned by a single shareholder – the RISE Legacy Trust. It has been set up as a ‘guardian’ of the share and to distribute any dividends that arise in the future for the benefit of social enterprises in South West England (in recognition of their substantial investment in the development of the Mark).
As Managing Directory, Lucy Findlay’s experience in the pilot project with Rise ensures the Mark is tested and responds to the needs of social enterprises: