A report from Liverpool University has found that 1 in 10 people across the Liverpool City Region Are employed by a social organisation, which totals more than 45,000 people.
The report, called The Scale, Scope and Value of the Liverpool City Region Social Economy, also found that social businesses generate over £3bn a year for the region’s economy.
Heseltine Institute for Public Policy and Practice at Liverpool University undertook a year of research to map the growing contributions of social organisations across the Liverpool City Region (LCR).
Social organisations are a diverse mix of charities, social enterprises, co-operatives and other institutions such as health, housing and education providers.
The research found that there are around 1,400 social organisations across LCR and the social economy is now the fourth biggest employer in the LCR.
The Heseltine Institute worked with social businesses such as First Ark to compile the report. First Ark are a social business based in Liverpool City Region who work for positive change in communities. The organisation supports a number of social businesses to deliver sustainable social impact.
Tony Cahill, executive director at First Ark, who was on the social economy panel of experts, said: “First Ark provides support for social organisations in the form of finance and mentoring and every day we see the positive impact they are having. Not only are we seeing a growing number of these organisations, in a variety of forms, we are also seeing them move into new areas. Social organisations are able to respond more quickly to changes within their local communities and can provide solutions that make a real difference to people’s lives.
“I am hopeful that in the near future more public and private sector organisations will be inspired to join us to think about how they can partner with social organisations in their communities.”
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