Entrepreneurship – from ideas to reality
Entrepreneurship – from ideas to reality

Start this free course now. Just create an account and sign in. Enrol and complete the course for a free statement of participation or digital badge if available.

Free course

Entrepreneurship – from ideas to reality

5.1 Not for profit

In recent times funding has become available to support a range of ‘not-for-profit’ enterprises, community companies, social enterprises, charities, or community interest companies. These types of organisations are becoming increasingly important, especially as central government devolves more local service provision to local government and reductions in funding means many services are being cut.

In setting up one of these, you (and your community) will need to consider exactly the same things as any private or for-profit enterprise: demand, financial viability, skills and capacity, and how to secure funding.

However, as these are often publicly regulated bodies, they have a more complex legal structure and you should contact one of the organisations listed at the end of this session to find out more.


Take your learning further

Making the decision to study can be a big step, which is why you'll want a trusted University. The Open University has 50 years’ experience delivering flexible learning and 170,000 students are studying with us right now. Take a look at all Open University courses.

If you are new to University-level study, we offer two introductory routes to our qualifications. You could either choose to start with an Access module, or a module which allows you to count your previous learning towards an Open University qualification. Read our guide on Where to take your learning next for more information.

Not ready for formal University study? Then browse over 1000 free courses on OpenLearn and sign up to our newsletter to hear about new free courses as they are released.

Every year, thousands of students decide to study with The Open University. With over 120 qualifications, we’ve got the right course for you.

Request an Open University prospectus371