In response to issues around poverty, unemployment, declining public services and other austerity measures, social enterprises around the globe are successfully addressing social problems in a sustainable way.
Similar to other parts of the globe, UK social enterprises are outperforming their mainstream SME counterparts in nearly every area of business (e.g. turnover growth, workforce growth, job creation, social innovation, and start-up rates).
The impact of social enterprises is particularly noted across the service (incl. education), health and social care sectors. Thus, it is no surprise that the University of Salford and Salford Business School in particular, created a Centre for Social Business which was launched in 2013 by Nobel Laureate Professor Muhammad Yunus.