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Social enterprise

Plain English definition

From:

Think Local Act Personal (TLAP) Jargon Buster

Think Local Act Personal

A non-profit business that is set up to improve a community in some way, such as by providing care and support services, often in a different way to the way they have been provided before. The business provides a service - such as helping disabled people get back to work - and receives payments. Any profits they make go back into improving the community. It is an alternative to the private sector and is different to a charity because it is not funded by grants or donations.

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