Rogan praises success of social economy sector
The latest report detailing the success of social economies here shows the importance of supporting the sector, Sinn Féin spokesperson for the Community and Voluntary sector Emma Rogan has said.
The report, Re-balancing the NI Economy 2019, found that social enterprise is worth £625 million to the local economy. It also showed that the sector is growing in terms of employment and turnover, with its workforce doubling from 12,200 in 2013 to 24,860 in 2018.
Commenting in response to the report, Emma Rogan stated:
“The findings of this latest economic report into social enterprise is testament to the innovation and hard work carried out by those in the sector.
"Unlike other business models, social enterprises put social value at the heart of their economic activity and it is notable that they are experiencing sustained economic growth.
"The fact that 53% of social enterprises employ workers from their immediate localities and that 43% of organisations are led by women, shows that the sector is not only growing in economic terms but is also breaking down barriers of regional imbalance and gender inequality.
"As Deputy Chair of the All Party Group on Social Enterprise I welcome the report's findings and it's recognition of the progress being made by social enterprise in the north of Ireland."