New Channels
Keeping abreast of change
We work closely with our strategic partners to identify and exploit new channels of opportunity within the public sector – both in the UK and in emerging markets overseas.
Through extensive research and monitoring, we keep abreast of change and gather market intelligence to inform our understanding of where gaps exist. We then work with our strategic partners to see how we could fill these gaps and create and occupy new channels.
New opportunities
Social media is one area where we have closely monitored opportunities for new channel development. Inspire2Enterprise is developing support services to ensure community groups and enterprises are able to use social media to broaden their reach and impact.
Similarly, we now provide a full range of services for social enterprises looking to engage in the ‘spin-out’ process. As a result of recent public sector reform, many public sector teams and departments are being ‘spun out’ into mutuals, social enterprises or private companies to help increase the social value of service provision.
The Ministry of Justice, for example, has announced plans to reshape the UK probation service, opening it up to providers from the private, voluntary, community and social enterprise sectors on a payment-by-results (PbR) basis.
These developments present new channels of opportunity for social enterprises to get involved and access government contracts. We help organisations understand the agendas that emerge in these new areas, offering strategic, research and investment support to help social enterprises succeed.