The social enterprise sector is significantly underdeveloped in Ireland at present. Clarke and Eustace (2009)6 used the findings from a survey of nine partnership areas of the Republic of Ireland, to make an estimate that social enterprises in Ireland generate some €240 million in revenue, spend €230 million in Ireland and employ over 9,300 people directly and support a further 5,100 indirectly.
The researchers also estimated that at least 12,500 people are involved with social enterprises in a voluntary capacity, thereby making a significant contribution to national policies on active citizenship.
Multiplier of 1.32
Research by DKM Economic Consultants (2011)7 suggested an economic multiplier of 1.32 for social enterprises. In other words, for every €1 injected...