Bursaries to boost social enterprise

29 November 2011

Bursaries to boost social enterprise

Good news for grass-roots social entrepreneurs - newly introduced student bursaries will widen access to Glasgow Caledonian University’s MSc in Social Enterprise.

GCU is offering the bursaries to provide financial help to students undertaking the MSc – the first of its kind in Scotland.

The bursaries, worth £1,500 each, will be targeted at people on low incomes working for smaller third sector organisations that do not have a significant training budget. The priority is to engage with social entrepreneurs who are setting up a social enterprise or leading one with limited financial resources.

Over 3,000 social enterprises already operate in Scotland, generating £2.5 billion and GCU is keen to support their development.

Programme Leader Dr John Connell, of the Glasgow School for Business and Society, said: “We know from experience that finance is the main barrier to recruitment so a reduction in cost will hopefully encourage more people to apply and benefit from the programme. The business planning element of the programme probably provides the greatest practical benefit for those wishing to set up or expand a social enterprise but the programme also covers wider policy and planning issues.”

Neil McLean, chief executive the Social Enterprise Academy who developed the MSc with GCU, added: “Working in partnership with our colleagues at Glasgow Caledonian University has been a really rewarding experience. They have consistently demonstrated their commitment to Social Enterprise and the impact their creation has on the lives and health of disadvantaged communities in Scotland and overseas.”