Community enterprise
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Community Enterprise was first conceived by Freer Spreckley in 1982 in a publication called ‘Developing Community Co-operatives’ published by Beechwood College, UK.
The Community Enterprise is a registered organisation that acts as a community owned and controlled holding company in supporting residents develop new initiatives, manages commercial and social projects and enterprises, distributes profits and benefits to the community and is managed democratically through an open system of participation and uses a social audit to establish purpose, plan future initiatives and measure actual performance.
The general purpose of the Community Enterprise
- To create wealth for the community
- To create social benefit for the community
- To empower and create confidence of members
- To provide resources to groups and individuals in order that they may establish their own activities and gain benefit
