Social Enterprise

Our opportunity to make a difference

If you’re looking to develop your academic research for public benefit rather than private gain – perhaps to improve the quality of life of disadvantaged people, address environmental issues or reinvest profits back into the community – we should be talking.

We’re proud to be pioneers among technology transfer organisations for developing social enterprises. In fact, we were the first to appoint a Business Manager for this important sector and have a comprehensive capability to help you. This ranges from idea assessment, business plan development, and contractual, company formation and intellectual property (IP) advice to social impact measurement guidance and help in reaching out to the right social investors.

Social enterprise – a genuine win-win-win situation

First and foremost, ordinary people benefit from the creativity and hard work you put into a social enterprise. Such ventures enable you to deliver the Impact Agenda and carry out research with clear, positive and practical outcomes for humankind.

Furthermore, social enterprise is also good for UCL and our people. Innovative projects create good publicity and help to increase the reputation of our academics. This generates additional research and income to fund everything from scholarships to professional development.

Last but far from least, we know UCL’s people want their research to make a difference. So if you want your work to benefit society, a social enterprise spin-out is the way to achieve your goal.

All of which dovetails perfectly into UCLB’s vision, which you can find here.

There’s no standard definition for social enterprise so we use the UK Cabinet Office’s version, ‘Social enterprises are businesses with primarily social objectives. They principally reinvest their surpluses in the business or community for these purposes. Unlike commercial businesses, they are not driven by the need to produce profit for shareholders and owners. Social enterprises range from small community-owned businesses to large charities delivering public services, and from individual social entrepreneurs to national businesses.’

Need advice?

Contact our dedicated Social Enterprise Business Manager.

Analia Lemmo Charnalia

Analia Lemmo Charnalia

Senior Business Manager

Case Studies

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