Category Archives: Innovation

Hatch Impact Accelerator

Hatch, a South London charity,  design their peer accelerator programme to ‘…facilitate learning experiences with successful social entrepreneurs (those who have come before), where they can share their wisdom, knowledge and network with those who need it next‘.

Designed for existing social enterprises, keen to grow, with a small number of staff, but who are aiming to seek social investment or crowdfunding resources in the next year or two.

Their programme of support centres around the following thematic deliveries…

  • Peer-to-peer learning environment
  • Pro-bono legal consulting
  • Procurement prospects
  • Financial coaching
  • Crowdfunding project
  • Funding opportunities

Here at SocEntEastMids we specialise in pro-bono support to the micro-enterprise or the nascent, yet to be connected, social entrepreneur.

However, we recognise that the Hatch Accelerator model offers professional and profound structural advancement for social entrepreneurs and social enterprises who are approaching critical mass.

You can discover the full details of this programme, and the fees and duration of the support here: https://www.impact.hatchenterprise.org/

Registration closes: 1 April 2019 – Programme starts: 12 April  2019

As places are limited to 15 delegates per annum, there is a short expression of interest questionnaire, helping Hatch advise you directly on your application to the programme.

See more here – and if you do, good luck with your application!

Funding Community Housing – a landscape view

Working in communities, for us, involves delivering free support and resources to the nascent individual social entrepreneur or the community group, incorporated or not, involved in the transition to an active community focused business.

The nature of developing community business, or individual entrepreneurship, often involves a wider dialogue about social policy and the quality of life for residents in the broadest terms. Housing is often part of that narrative.

SocEntEast Mids does not offer advice on matters concerning investment, banking or legality. We freely collaborate with community players to share our decades of aggregate experience in community development and enterprise engagement.

That said, as the conversation in the meeting room, or community centre eddies and swirls towards a conclusion, it is useful to be able to tender some broad signposting around themes of concern, as part of that engagement process.

The narratives, data and contacts below, all freely available in the public domain, are an attempt to provide such a signpost.


A really useful place to start is the Power to Change: Business in Community Hands pages. here you can find grants that ‘…support projects that build of refurbish affordable homes’.

Homes in Community Hands ‘…are focusing on community groups in the early stages of their community-led housing development to support feasibility and predevelopment work, leading up to submitting a planning application. Our research has shown that is where funds are needed most to get projects moving’.

Discover more here: https://www.powertochange.org.uk/get-support/programmes/community-housing/


Targeting Funding to Support Community-led Housing is a publication also from Power Change. Authored by Tom Archer, Anna Kear, Catherine Harrington – Power to Change August 2018.

Targeting funding - download image and web link...
Targeting funding – download here: pdf

This is an essential primer when thinking about engagement in any aspect of community led housing projects.

Development stages, funding stages and the current provision of the funding and financial support available are all clearly labelled here.

Also useful in the appendix of the publication is the advice given on how to do a SWOT analysis of funding need for your development stages.

 

 

 


Even more current is Helping Communities Build – A review of the Community Land Trust Funds and lessons for future support. Authors: Dr Tom Archer, Dr Stephen Green with Charlie Fisher | January 2019, this publication, was produced by Sheffield Hallam University and the Charities Aid Foundation.

Community-led housing schemes empower people, enrich local communities and improve the lives of residents. They can breathe new life into a village by offering affordable homes below market rate to families that are priced out of the area they live and work in.

The authors argue that CLT’s are a currently under deployed tool for community social enrichment, but non the less, this paper highlights the context of the mechanism and is, in our opinion, particularly honest and useful in making an assessment of obstacles and pinch points in any community housing scheme.

See more here…(pdf).

CAF and Power to Change also have a useful web article on a new source of funding available – Blended Finance Available for CLT’s. Authored by Anne-Helene Sinha, it is a new and pioneering offer in the marketplace.


CivilSociety.co.uk have a useful article by James Johnson – Should you invest in Social Housing?

Johnson’s argument is, essentially, that investors with a conscience can all help to alleviate the current housing crisis by investing in the sector. He is also strong on the weakness and re-directions  of central government in the housing mix over time…

…blame can be laid at the door of government. In 2009 (the last full year of Gordon Brown’s administration), Whitehall provided £11.4bn towards the cost of building homes. By 2015 (under David Cameron’s Conservative-led coalition), this had over halved to £5.3bn. More pertinently, perhaps, in terms of GDP, the fall is even more dramatic – it has dropped from 0.7 per cent to 0.2 per cent.

A depressing tale, well told with numbers to underscore the disparity of supply versus demand.


More useful links for data and context:

The Plan to End Homelessness, by Crisis, is also another salutory lesson in how housing and welfare policies have failed to work effectively, either with each other, or with the homeless to create sustainable and affordable solutions to the present crisis.

See the full report here

Big Society Capital also have data and information resources of Social Housing and Homelessness. You can see a sector snapshot and data from 2017 here… (pdf).

They also offer some useful case studies, in an article by their Investment Manager, Aman Johal, on the factoring of social investment to amplify housing and local facilities.

See more here: https://www.bigsocietycapital.com/about-us/previous-projects/housing-and-local-facilities


Editor’s Note:

SocEntEastMids does not offer banking, finance or legal advice. Our free resources and support is dedicated to sharing our decades of community enterprise experience collaboratively with the nascent social entrepreneur or ethical business minded community group.

We are happy to have a ‘social enterprise’ conversation at any time, and to donate free resources, to foster the aims of the sector.

Community Business Trade Up Programme

The School for Social Entrepreneurs (SSE) have, this 2019 New Year, published details of new, free learning and development courses for the leaders of the community business sector in the UK.

Free learning at SSE...image and web link
Free learning at SSE…see more

“Applications are open for the Community Business Trade Up Programme, run by the School for Social Entrepreneurs, in partnership with Power to Change.

This programme helps the leaders of community businesses in England. It focuses on growing income from trading, to improve impact and sustainability. It offers:

  • A learning programme: 12 days spread over nine months
  • A Match Trading grant of up to £10,000
  • A community of people running organisations like yours

There is no cost to you at any point”.

If this learning and funding opportunity is of interest to you and your community business, you can see the guidance and application notes here.

SSE are offering taster sessions across the regions, so that you can explore the opportunity, and you can find a taster session booking form here.

This learning programme runs from June 2019 to March 2020. 

The deadline to apply is 1pm on 14th February 2019. Explore all the details at SSE here.


Lloyds Bank and Bank of Scotland Social Entrepreneurs Programme - image and web link
Read more here…

Lloyds Bank and Bank of Scotland Social Entrepreneurs Programme

This SSE Programme may also be of interest to our readers. You can discover the details of the learning and support on offer from the programme partners here.

  • A learning programme (14 days spread over a year)
  • A grant
  • Mentoring
  • A supportive community

You can register your interest, and be notified when this year’s applications (2019/2020) are open on this web page at SSE…

https://www.the-sse.org/lbsep/


Start-up Day 2018

A series of free events at your local Business & IP Centre, from the British Library and local authorities.

Startup Day 2018 - image and web link
Book your free place in Nottingham here…

Not overtly dedicated to the Social Marketplace, but a day of free engagement, idea exploration and support-signposting from a variety of key players in the enterprise and tech market encouragement sectors.

DATE AND TIME:  Thu 20 September 2018    09:00 – 16:30 BST

LOCATION: Nottingham Central Library, Angel Row, Nottingham, NG1 6HP

Other venues and events are available on the day. See more at…

Birmingham, Cambridge, Norfolk, Northamptonshire and Sheffield.

Book a place and get that inspirational spark for your idea!

UK Social Enterprise Awards 2018 – nominees list

The nominations list for the 2018 UK Social Enterprise Awards have just been published.

SEUK - button image and web link
Discover more of SEUK here…

What a cavalcade of fantastic projects, across many impact themes, and a wide geographical spread. The list itself is evidence alone of a thriving, multi-dimensional social enterprise topography in the UK.

Read more about the awards at SEUK here.

Can you see a social enterprise or community change organisation in your area?

Category 1 – UK Social Enterprise of the Year (Sponsored by NatWest)

Auticon

Cafe Direct

Change Please

Point and Sandwick Power/Trust

School Space

Big Lemon

Hertfordshire Independent Living

Wildhearts Group

Allied Health Professionals Suffolk

Category 2 – One to Watch (Sponsored by GLL)

Revival Whitstable – Mind In Bexley Ltd

The Bread And Butter Thing

Minds Ahead

Hey Girls

FamilyCarersNet

The Integrate Agency CIC

Category 3 – Prove It: Social Impact (Sponsored by Employers for Childcare)

Company Shop

Recycling lives

Sharp Futures

Winter comfort for the homeless

Ealing Community Transport (ECT Charity)

Category 4 – ’Buy Social’ – Market Builder (Sponsored by PwC)

Amey

Hackney Co-operative Developments CIC

London Borough Of Tower Hamlets

The University Of Northampton

Category 5 – Social Investment Deal of the Year (Sponsored by Big Society Capital)

Resonance

Social And Sustainable Capital

Clearlyso

Business Enterprise Fund

SharpFutures

Category 6 – Health & Social Care Social Enterprise

Hertfordshire Independent Living Service

East Coast Community Healthcare

Designs in Mind

Baby Lifeline Training

Smile Together Dental CIC

Category 7 – Consumer Facing Social Enterprise (Sponsored by Co-op Group)

Birdsong

Cafédirect

Clarity Employment For Blind People

Fair For You Enterprise Cic

From Babies With Love

Juta Shoes

Madlug Cic

Miss Macaroon

Stand4 Socks

Toast Ale

Category 8 – Education, Training & Jobs Social Enterprise

Alive And Kicking

Enabling Enterprise

The Growth Company

The Hoxby Collective

Civil Aviation Authority (CAA) International

SharpFutures

Category 9 – Environmental Social Enterprise (Sponsored by Landmarc)

Camara Education

Energise Barnsley

Low Carbon Hub

The Skill Mill

The Bread And Butter Thing

Stand4 Socks

Category 10 – Tech for Good: Technology Social Enterprise (Sponsored by Linklaters)

Anglian Community Enterprise (ACE) CIC

Harley Therapy Ltd

Integrated Care 24

Meetwo Education Ltd

NOW Group

Viarama CIC

Category 11 – Women in Social Enterprise (Sponsored by Santander)

Sue Black

Tracey Bush

Rosie Ginday

Elaine Lilley

Marie Marin

Rose Marley

Amma Mensah

Liz Tapner

Category 12 – International Impact (Sponsored by British Council)

Cafe Direct

Skillmill

Camara Education

From Babies With Love

Civil Aviation Authority (CAA) International

Category 13 – Transformative Community Business

BH Live

Choice Housing Ireland

Coast And Vale Community Action

Company Shop

The Exchange Creative Community Cic

Made In Hackney

Category 14 – Employee Engagement

CDS CIC

East Coast Community Healthcare

Halo Leisure

Care Plus Groupk in the judging and award making process!

EBP

Congratulations to everyone, organisation and individual, on the nominations list. We wish you all the very best of luck in the judging and award making process.

IGNITE – the Big Energy Idea 2017

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.

You can see fuller details and the complete eligibility criteria here – http://ignitesocialenterprise.com/challenge/

 Icon for Adobe PDF   Download a pdf of Frequently Asked Questions here.

You’ll get support and a brilliant networking opportunity in the energy sector if you are successful. Don’t let the light go out on your idea…IGNITE IT


From the archive:

We last featured Ignite on the pages of Mining the SEEM in 2015. Check out that year’s process and previous winners for even more background.

£5.5m Northern Impact Fund launches for social enterprises

 

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…

Find a full copy/Press Release about the new fund here

Find a full grant/investment profile for the new Fund on-line here

Think Enterprise!

A new magazine, Think Enterprise, from the IOEE.

‘The Institute of Enterprise and Entrepreneurs has been over 15 years in the making and exists to make sure that all those involved in enterprise are able to access the support they need, when they need it’.

Whether your interest lies in tracking SFEDI Centres of Excellence or in developing apprenticeships and wider learning in business, then Think Enterprise has something of interest for you.

Be sure to check out pages 16 & 17, with their 2016 Enterprise Awards almost upon us, if only to read of the developmental success of others can in itself an inspiring and confidence building thing as you grow your own business, whatever sector you are in.

You can find the IOEE on-line here.

Finance Innovation – the film

The Finance Innovation Lab have just launched a short film that nicely encapsulates their work, featuring the collaborative, facilitative and encouragement of change aspects of their work.

  • The Finance Innovation Lab seeks to help create alternative business models in the the finance sector.
  • It is a movement for advocacy, promoting financial sectoral change to key actors.
  • They also work to effect ‘change from within’, campaigning for the re-alignment of finance professions to a more equitable and fair model.

The Lab web site has an inciteful article, written by Angela Clements, founder of Fair For You. It shows the journey that a finance sector principal can be driven to follow, when the inequity of access to mainstream credit, for example, makes even more difficult the life of an economically disenfranchised family.

If you’re a full-on corporate banker, do watch the fim and explore the Finance Innovation Lab web pages. You might even turn a corner yourself!

Spark your inventiveness!

The next deadline for the Design Council Spark programme is approaching on December 14th.

Design Council Spark is a product innovation fund and programme designed to fast-track products to market. Spark is looking for brilliant ideas at prototype stage.

              Source: The Design Council, December 2015

The short film below shows designer Wayne Hemingway, talking about the process of design and invention, and how the Design Council Spark Award fosters the creation of new products and enterprise to create and market your ideas.

Wayne Hemingway says ‘..ideas are free, now is the chance to make those ideas a reality…’

You can find out more about the Spark initiative from The Design Council here. The on-line access to the application process can be found here.

Your concept must be to create a physical product and you need to be UK based to qualify for entry. Up to 150,000 Pounds prize money is to be shared by the winning entries, as well as a period of development and design support to realise your dream.

Good luck with your entry!