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£10,000 prize on offer to social enterprises

Social enterprises across the UK have been offered the chance to win over £10,000 by the Social Enterprise Coalition. The launch of the 2008 Enterprising Solutions Awards, held at the Royal Bank of Scotland offices earlier this week, marked the start of the application period which will continue until 1 July 2008.

The Enterprising Solutions Awards (ESA) are a call to action for successful social enterprises to be recognised for their achievements as sustainable businesses that trade for a social purpose. Winners will be announced at an awards ceremony in mid to late October.

First place wins a cash prize of £10,000 and free membership of the Coalition. Three other finalists and the winner of the New Social Enterprise Award will receive £5,000 each. This year, a new category has been added, Social Enterprise in Schools Award, and the winner will receive £1,000.

Jonathan Bland, chief executive of the Social Enterprise Coalition, said: “We are thrilled that this is the 10th year of the ESA. This is an exciting time for social enterprises as people begin to appreciate their potential as viable, powerful businesses.”

Last year’s winner, Sophi Tranchell, Managing Director, Divine Chocolate Ltd, said: “Winning the award in 2007 was an incredibly proud moment and it is tremendous for us to join such an illustrious list of past winners. It also goes a long way to help recognise the efforts of everyone who has worked so hard to prove that being Fairtrade and farmer-owned can be a commercially successful business model.”

Business wishing to apply can download an application form, at www.enterprisingsolutions.org.

This was posted in Bdaily's Members' News section by Ruth Mitchell .