Social Enterprise: Good for Entrepreneurs and Society

Have you got an idea for a new service or technology that could benefit patients?

If so, consider attending this free event to explore how a social enterprise could help you achieve your goals.

  • Date: Monday 5th June 2017, 4:00 pm – 5:00 pm
  • Venue: Citylabs, Manchester

At Central Manchester University Hospitals NHS Foundation Trust (CMFT), all staff are encouraged to be innovative in their work and practice to help improve the way we deliver services. One way to turn a great idea into an innovation that can improve the quality of care for patients is through a social enterprise route to develop the service or idea.

By attending this seminar you will gain an understanding of:

  • Social enterprise as a route to making change happen in a different way
  • How to access support through CMFT to transform your innovation into a social enterprise.

This seminar is delivered by Manchester Health Ventures Ltd* in conjunction with UMIP** and leading social entrepreneurs in health and social care.

To find out more and register, email fatma.rumash@cmft.nhs.uk by 3rd July 2017.

 


 

What is a social enterprise?

Social enterprises reinvest the money they make back into their business or the local community. Social enterprises combine the need to make savings and efficiencies with genuine innovation, transformation and reform. They involve partnership working across different sectors, including service users and third sector organisations.

Benefits

  • Members of the public and patients may favour organisations, which they feel reflect community values or preferences
  • Social enterprises can raise funds through donations and investments as well as having potential access to numerous grants and incentives
  • Social Enterprises generally benefit from a higher rate of reinvestment due to surplus not being distributed to shareholders
  • Key partner organisations, such as local authorities, may be prepared to work more closely with a social enterprise rather than a for profit organisation

Examples

  • Integrated Care 24 places an emphasis on new product and service innovation for an improved patient experience and reduced demand on other services.
  • mylittleone is a unique example of how technology has been utilised to meet patient needs; to promote bonding between mother and baby when a child is placed in neonatal care.

 


 

* Based at CMFT, Manchester Health Ventures Ltd is CMFT’s wholly owned company, set up to manage and develop valuable intellectual and commercial assets, including our contract with TRUSTECH

** UMIP is The University of Manchester’s agent for IP commercialisation

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