Three government funds targeted at social enterprises have had their budgets cut as part of the government’s cost cutting drive. Minister for civil society Nick Hurd announced £11m (13 m euros) is to be cut from the Office for Civil Society budget. The cuts that will affect social enterprises the most include £1.3m to be taken from Capacitybuilders funding, which includes a significant chunk taken from the organisation’s programme of support for social enterprise. www.socialenterpriselive.com
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