Business and Social Enterprises: Durham
The question
To ask the Secretary of State for Culture, Media and Sport, what assessment her Department has made of the potential merits of increasing support for (a) growth in the social enterprise sector and (b) businesses that add general social value in Durham.
Answered by Stephanie Peacock
The Government recognises the social enterprise sector’s valuable contribution to local communities and society at large. This diverse sector is helping to meet some of the toughest challenges facing our society through delivering both social and economic value. We welcome collaboration between social enterprises and other forms of purpose-driven businesses who are working to achieve positive societal benefits.
The Government is committed to supporting social enterprises through finance, legislation, social value work and developing partnerships with the sector. That is why the Social Enterprise Boost Fund, originally scheduled to end in March 2025, was recently extended for a further 12 months until March 2026, with an additional £1 million in funding being made available. The Boost Fund is an up to £5.1 million package of funding designed to kick start and accelerate social enterprise activity in four disadvantaged areas of England, one of which is County Durham. A DCMS-commissioned independent evaluation of the programme’s achievement of its original objectives took place between March 2023 - March 2025 and the final report will be published on gov.uk in Spring 2025.
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