Further to this post about measures being introduced by BIS to support business growth, there has been some discussion amongst members of the Co-operativesUK group on Linkedin here (if you can use that link without being a Linkedin member/user — I’m not sure) about the importance of groups of people who may wish to start or join mutually-owned businesses not being inadvertently excluded from the New Enterprise Allowance Scheme.
This is significant because we know that the weekly allowance plus proposed £1,000 grant can be instrumental in helping people start businesses. The last time such a scheme ran — in the 1980s: many will remember it — it was widely viewed with cynicism at the time but in retrospect did enable many to launch businesses and careers which are still thriving today.
SEC jointly with Co-operativesUK has issued a briefing on making the new scheme social enterprise-friendly and you can download that here.
BSSEC has also written to the secretary of state for work and pensions, Iain Duncan Smith, to voice its support for the measures proposed by SEC/Co-operativesUK and also to welcome the scheme and emphasise that it must be amenable for use by those seeking to start or join mutually-owned enterprises. Download our letter here.
Why not add your voice? Use either SEC’s briefing or our letter to do something of your own.
I think it’s really useful for the sector to be putting a marker down in support of this scheme — let’s face it, with things the way they are, it may be the one bit of good news for those wanting to start new social enterprises!