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Social Economy Alliance is Launched

The last decade has seen massive progress in the social sector in the UK. Social enterprises and co-operatives are outperforming just-for-profit businesses; alternative banks have better returns on assets, lower volatility and higher growth, and a growing proportion of start-ups are socially-driven. The UK social investment market is growing fast and attracting global attention.

Something exciting is happening in the UK. But mainstream political parties are being slow to wake up to it.

So fifteen of the UK’s leading social economy organisations including Fusion21 have launched The Social Economy Alliance. The aim is to radically affect the way all political parties formulate social and economic policies in advance of the 2015 General Election. The aim is to grow the impact of the social economy.

The Social Economy Alliance was formally launched at The Social Economy Summit on 25 June, it was attended by thinktanks, politicians, charities and other social economy organisations. Further events around the UK are in the pipeline.The Alliance's activity plan is designed around the Local Government and European Elections and the 2015 General Election.

The Social Economy Alliance is led by Social Enterprise UK, The Social Investment Forum, The School for Social Entrepreneurs, UnLtd, The Young Foundation, The University of Northampton, Co-operatives UK, Locality, the New Economics Foundation, the Community Development Finance Association, Fusion21, PM Training, Sandwell Community Caring Trust. It will exist for two years as a formal collaboration and it will be housed at Social Enterprise UK's London Bridge Headquarters.

For further information visit the site: http://www.socialenterprise.org.uk/social-economy-alliance