Back again in 2017, Ignite are again looking forward to advance investment readiness and idea development for the brightest in the social enterprise energy sector.
Advancing social impact in the energy sector – with the support of Centrica.
If you are over 16 years of age, resident in the UK and looking to develop your energy business potential…then you should apply to the Ignite Social Enterprise challenge. With investment available from betwwen £50k and £2m, then put your energy, enthusiasm and nascent business in the best place to ‘give it wings’.
You need to contact ignite (at ) centrica.com to discuss your idea and to obtain an application form. The deadline for the simple first round is 31st January, 2017.
Imaginaitive with funding, secure in it’s mission for social enterprise – The Key Fund…
Key Fund, a long-standing investor in community and social enterprises, is delivering the Northern Impact Fund, aimed at new and early stage enterprises who are seeking finance to support growth.
Matt Smith, CEO of the Key Fund, said: “With this fund we’re offering finance of up to £150k, but typical investments will be around £50k, with up to 20% of the amount available as grant. The Key Fund was one of the early pioneers in this space, and our original model was based on a grant and loan mix, so we’re really excited to be going back to that original model. It’s long been our belief that grants can play a very important role in helping new and smaller social enterprise become more robust.”
Source: The Key Fund web site – thekeyfund.co.uk Accessed 25.09.2016
A new blended grant and loan fund, the Key Fund package looks to secure sector deals in the £5,000 to £150,000 range. Applications are accepted from across the North and Midlands, with the Fund looking to realise 46 deals a year.
At a flat rate of 6.5% interest, the average loan term secured is expected to be three years.
Interested in business development on these terms, as a social/community enterprise. See the links below…
The Nottingham Social Impact Fund supports the development of new and existing social enterprises, jobs and growth, offering loans from £5,000 to £150,000.
The Fund believes community and social enterprises not only reignite local economies, but are best placed to tackle social problems, from community-owned pubs, social care services, high-tech renewable energy solutions and recycling schemes.
Dave Thornett, Business Development Manager at Key Fund, said “Nottingham has a strong social enterprise community with the creative arts, the universities and communities. We want to help these businesses grow and play our part in starting new ones in the city. There are great businesses such as Sneinton Market Traders and Food Freedom already growing and organisations such as The Creative Quarter and The Hive stimulating activity.”
If you are interested in Nottingham Social Impact Fund contact Andy Croft via:
Andy.firstname.lastname@example.org or on 07814 832852
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Now entering its second year, the awards highlight the innovation and dedication of world leading social investors and enterprises, celebrating both the achievements of teams and individuals alike.
The awards are supported by NatWest. In 1999 the bank set up its own charity, Social & Community Capital, to help fund social enterprises and community lenders that cannot access mainstream finance and to help them on their path to the financial mainstream.
The awards have six categories that applicants can enter, free of charge, by nominating their own businesses or social enterprises.
Institutional Social Investment Award Institutional investment deal or product that has created demonstrable social impact at scale. New Social Investors Award Investment deal or product that has attracted new savers and investors into the social investment market. Social Entrepreneurs Investment Award Investment deal into an early stage social organisation to create demonstrable social impact. International Social Investment Award International investor who has invested through the UK market to create social impact anywhere in the world. Market Building Award Organisation that has demonstrated innovative and diverse ways to grow the social investment market in the UK. Public Service Transformation Award Social investment deal that has delivered improved public services.
Categories 1-3 and 5-6 are open to nominations from England, Scotland, Wales and Northern Ireland. Category 4 is open to individuals or organisations based anywhere in the world.
The awards close to applications on 18 March 2016. Short-listed nominees will be notified on 1 April 2016 and the awards ceremony will be held in London on 3 May 2016.
Sheffield Social Enterprise Network (SSEN) is to commission business development expertise to sustain and develop the network beyond the end of the Lottery grant which expires on 31 March 2016.
‘SSEN requires a consultant to help the network become a sustainable entity beyond the end of the current Awards for All grant which ends on 31.03.2016. This piece of work is fundamental to develop SSEN’s strategy for the medium and long-term’. Source: SSEN Nov. 2015.
The main areas of work include:
Work with SSEN management committee and its members to understand its circumstances, problems and opportunities.
Develop a tender/funding resource (key information that SSEN can use to input directly into funding/tender bids).
Scope the external environment for business opportunities
Register SSEN with key contract opportunity websites, mailing lists and newsletters.
Identify and evaluate potential income-generating services and projects that SSEN could develop (short term and long term).
Write funding and tender bids with the support of management committee members.
The deadline for receipt of tenders is 12pm on Tuesday 10 November2015.
If you are a UK based social enterprise, and bursting with good ideas, then this year’s Ignite Challenge could be just for you.
Do you have ideas that can be deployed, to enable the imaginative and efficient use of energy resources, which will contingently change people’s lives…then the Ignite Challenge 2015 is a ‘must look at’ for you?
‘We are looking for the brightest business ideas that use energy to make a difference in people’s lives’.
You can secure, if successful, between 50,000 Pounds to 2 million Pounds in order to make your idea a reality. The finalists will be asked to pitch their idea to a panel of energy industry and social enterprise experts during June 2015.
As well as giving you a chance to meet and network with businesses already active in this emerging sector, The Hub can be instrumental in helping you to formulate your new social business idea, or to pivot an existing business strand into delivery on social terms.
The Hub will contain a variety of Social Business practitioners to share ideas with and seek support from, if required, including…
CDCT are a registered charity and a company limited by guarantee. The organisation delivers accessible transport solutions for individuals and groups who have difficulty in using public transport in the Bolsover District Council area, along with Bassetlaw, Chesterfield, Rotherham, Mansfield, Eckington and Killamarsh.
The Board of CDCT have decide to explore further developmental opportunities. Their focus is given below…
Develop a strategic alliance with another like minded charity, social enterprise or similar type community focused body
Explore a possible merger or other collaborative partnership working
“In making this decision, the Board have commissioned Nottingham based SEEM to help facilitate this exploration and invite interested parties to submit an Expression of Interest. Please see below for further details on this process”.
With an uncertain future funding landscape, CDCT are looking to explore ways of working with other like-minded organisations, who, after the initial Expression of Interest, will be selected to develop more detailed proposals, within a framework of mutual discussion and exploration.
Social Enterprise East MIdlands is a UK registered Limited Company Company No: 10862936 Our mission is to foster grass-roots interest in the Social Economy - supporting community enterprise development in our six counties region.
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