This report discusses the key government initiatives to shape the social economy and the benefits and limitations of working in a partnership with the public sector. It explores the role of third sector organizations in supporting the public and communities in challenging circumstances, particularly during the COVID-19 crisis. The report also highlights the importance of financial assistance and outsourcing in the social economy, as well as the international social investment strategy of the UK government. Overall, the report emphasizes the need for collaboration between the public and third sector organizations to improve services and enhance the living standards of people.