Report says Capital earning £44m off social enterprises

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Social enterprises contribute £44 million to the economy of the Capital, a new report has found.

There are more than 120 social enterprises in Edinburgh dealing with a range of problems including creating opportunities for disabled people, tackling environmental issues and providing employment and training for youngsters.

The report, by the Edinburgh Social Enterprise Network, found that businesses employ around 4400 people on a paid or voluntary basis – more than the Scottish Government. And the organisations had an ­average turnover of £373,000 in 2011-12, a one per cent increase on the previous year.

Linsay Chalmers, network coordinator at Edinburgh Social Enterprise Network, said: “This report shows social enterprise is one of Edinburgh’s best kept secrets.”

Councillor Frank Ross, Edinburgh council’s economy committee leader, said: “This report reaffirms Edinburgh’s status as a leading centre for social enterprise.”