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
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.
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’.
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.
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.
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.
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.
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A series of free events at your local Business & IP Centre, from the British Library and local authorities.
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
The nominations list for the 2018 UK Social Enterprise Awards have just been published.
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.
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 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.
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.
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!
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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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