Strapline : making the difference

Contact us

30a Binley Road
Coventry CV3 1JA
T 024 7663 3911 / F 024 7663 3299

Different types of Social Enterprises

We support all types of social enterprises to start and succeed including:

Owned by, and operated for the benefit of the community, e.g. community centres, social clubs, nurseries. 
CO-OPERATIVES: Owned, controlled by and run for the benefit of their members. The members might be employees (worker co-operatives), businesses or self-employed people (marketing co-operatives), tenants (housing co-operatives) or shoppers (retail co-operatives like The Cooperative stores).
CREDIT UNIONS: Community-based financial institutions that provide savings and loan facilities for their members.
CHARITABLE INCORPORATED ORGANISATIONS: CIOs are a new legal structure available to charities or charitable groups that wish to limit liability by incorporation.
COMMUNITY INTEREST COMPANY (CIC):   Limited companies, with special additional features, created for people who want to use their profits and assets for public good in perpetuity.
A community benefit society is run primarily for the benefit of the community at large, rather than just for its members. Profits are returned to the community.  
COMMUNITY DEVELOPMENT FINANCE INSTITUTIONS:   These are organisations that provide loan finance and/or investment for social enterprises and other types of small businesses.
DEVELOPMENT TRUSTS: A community enterprise which aims to strengthen a community, usually by owning and managing property.
PUBLIC SECTOR ‘EXTERNALISATIONS’ OR ‘SPIN-OUTS’: Social enterprises resulting from the transfer of services from the public sector into independent social enterprises or mutual organisations. The move is usually led by employees delivering the service.
SOCIAL FIRMS:   Provide employment opportunities for individuals who might find it difficult to secure employment in the mainstream job market such as people with disabilities or mental health issues.  
Set up by charities to undertake trading activity in order to raise money. They might include charity shops, catalogues, training and consultancy.

There are many different types of social enterprise business models and structures which vary according to their core purpose, ownership, management structure and accountability. 

Atrium Health Ltd, Coventry

An employee led social enterprise delivering essential cardiac and pulmonary rehabilitation services for heart and lung patients. 

Community Energy Warwickshire

When financial incentives for renewable energy became available in 2010, the vision for community-owned renewable energy in Warwickshire soon became a reality. 

Coventry and Warwickshire Co-operative Development Agency Limited. Registered in England No. 1676622 Registered Office: 30a Binley Road, Coventry, CV3 1JA