Category Archives: Community Economics

Social Saturday – coming in October

Social Saturday Badge - image
Find out more…

Will you be ready for Social Saturday this year again? A date for your diary, 15th October 2016.

A whole day dedicated to the promotion of, awareness raising about and the engagement with new customers, clients and service users.

Get your Social Enterprise in full broadcast mode with the readily downloadable Media Pack from the Social Saturday web pages. A great resource.

Check our the ideas for promotion, templates for everything from press releases to a letter to your MP or elected members to give  your enterprise a boost, support Social Saturday in 2016.  Celebrate the work of your community with invited guests. Makes great copy!

emailIconMiniYou can always support the team at Social Saturday and add interest to your own energetic promotion by emailing news of your events or occasions to socialsaturday@socialenterprise.org.uk

Give your enterprise a boost, support Social Saturday in 2016.

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!

Cabinet Office – Social Investment Awards

 Investing in UK social business…

The Cabinet Office Social Investment Awards recognise the impact social investment is having on communities across the UK.

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.

For more information see the Cabinet Office Social Investment Awards website.

NatWest SE100 awards showcase the best
of the UK’s social enterprise sector

natwestSE100Button
See more here…

£32k prize fund shared by top performing social businesses…

The NatWest SE100 Index has announced the winners of its 2015 awards. Five winners were chosen from 1120 social ventures listed on the NatWest SE100 Index in the UK. This year’s awards build a clear picture of a thriving social enterprise sector that is supporting economic growth in the UK and delivering positive social impact.

The 2015 winners demonstrate best business practice within the social sector, working to address some of the UK’s most acute social issues. This year’s winners are helping to get people from disadvantaged backgrounds back into work, sustaining the environment and revolutionising healthcare services for disabled children.

These inspiring organisations now share over £32,000 in prize money awarded today at Critical Mass, the event for social enterprise, in recognition of their work.

Growth champion £10k prize: The EBP – East Midlands

The EBP is a non-profit dedicated to developing the skills of young people through development and employment programmes. The EBP works to ensure its services provide young people with the opportunity to develop the skills that employers are looking for, striving to engage young people in work and society.

Impact champions share £10k prize:

FRC Group – North West

FRC Group runs three social businesses including furniture recycling and waste management projects. These produce financial profits and create a social dividend by giving people in poverty and unemployment the opportunity to change their lives.

Kelvin Valley Honey – Scotland

Kelvin Valley Honey works to sustain Scotland’s honey bee populations whilst contributing to the regeneration of disadvantaged communities through financing and supporting the development of beekeeping, creating employment for people housebound through disability and long term illnesses.

Trailblazing newcomer £5k prize: Andiamo – London

Andiamo works to meet the gap in demand and capacity that currently exists and is growing in the field of orthotics, printing 3D fully customised orthotics children with disabilities and long-term conditions.

Resilience award £5K prize: Five Lamps – North East

Five Lamps delivers an integrated range of inclusion services to transform the lives of individuals and their families from disadvantaged communities, by helping them to find work, start their own business, improve their finances and improve their aspirations.

Storyteller award £2.5k prize: Aduna – London

Aduna is an African-inspired health & beauty brand and social business working to create demand for under-utilised natural products from small-scale producers in Africa to create sustainable income – starting with the nutrient-dense superfoods Baobab and Moringa.

Marcelino Castrillo, Managing Director Business Banking, NatWest, who presented the Growth Champion Award, said: “I want to congratulate all this year’s winners, not just on their success in the awards, but on the profound social impact that they are having on our society. NatWest is proud to have supported the SE100 since the beginning and we are committed to unlocking and nurturing entrepreneurial talent through access to finance, markets and expertise.”

Rob Wilson, Minister for Civil Society who presented the Trailblazing Newcomer award said of the NatWest SE100: “Social enterprises occupy a crucial place in our society. These organisations help tackle social challenges while contributing to economic growth. The SE100 Index is an important benchmark for the sector and I would encourage all social enterprises to sign up so we can build a truly compassionate society.”

(If ever there was a great example of how diverse, dynamic and effective the social (enterprise) sector is in the UK, then look no further than these awards…Ed.)

internetIconMini  You can see the SE100 web site in full here…

Ethical business with a social dimension...
Ethical business with a social dimension…

Buy Social this weekend?

This Saturday, 10th October 2015, is Social Saturday – spend your cash with a social enterprise and get some real ‘community multiplier effect‘ for your money!

‘In the UK alone, there are 70,000 social enterprises, contributing £18.5 billion to the UK economy and employing almost a million people. This exciting movement is growing fast all around the world and we’re seeing a boom in start-ups being launched that combine doing business with doing good’.  Source: Social Enterprise UK

At the Key Fund, research that shows that this confusion persists about what social enterprise is.  Although two thirds of us support the idea of social enterprise, only a fifth (21 per cent) knew what social enterprises were.

socialsaturday2015Button‘Simply, it’s about buying or using services from businesses that make a positive difference in our community or on the environment. Social enterprises reinvest their profits into furthering their social mission. They have to have good business models to be financially sustainable, so they don’t rely on grants or charity’. Source: The Key Fund

Key Fund is itself a social enterprise.  Matt Smith of the Key Fund, quoted in a recent article in The Guardian, speaking about the misconceptions about Social Enterprise in the UK stated ‘…what’s interesting is this misconception that social enterprise relies on grants or donations. We escaped a culture reliant on grants many years ago, and the main impetus of social enterprise is to ignite local economies, create jobs, and be profitable or at least sustainable in delivering their ethical aim.”

internetIconMini You can see this informative article from The Guardian in full here.

Invest in your community – buy from a Social Enterprise, not just this weekend, but every week if you can.

Ethical business with a social dimension...
Ethical business with a social dimension…

Good for Business?

businessforgoodButtonThe lounge of Antenna, in Nottingham, was buzzing last night (24th February) with talk about business for good and how change in traditional structures and processes can create models of delivery that are good for business.

The event was part of the ongoing  programme of engagement with post-grad students at Nottingham University for the Social Business Programme, which seeks to offer opportunities and ideas for the current post-graduate cohort of the University to start a business for good, a Building Enterprise activity.

You can find more about the work of the project on our events page, or see the Nottingham City Postgraduate Social Business Programme on-line here.

The evening was chaired and facilitated by Jeanne Booth, who was able to introduce a panel of speakers for the audience, who were both inspirational and able to deliver pertinent short messages about their experiential learning in the development and awareness of Social Business. Some of the ideas abroad on the night are tendered below…


 

Paul CaulfieldDirector of the MBA in Corporate Social Responsibility at Nottingham University Business School

Corporate social responsibility is dead, long live Social Business! This could have been the rallying cry for the audience from Paul’s presentation. The old ways are perhaps no longer fit for purpose, we were told. With CSR as a concept, arguably, seen as a reactive and backward looking process.

Much was made of nature and things natural as metaphors for new business development under the banner of Social Business. We have destroyed 50% of the rain-forest so far. Paul surprised the audience with the metaphoric concept of bio-mimicry as perhaps providing the new, forward looking business model.

However, the speaker argued, not all in the past is of no use. The Guilds were, from early modern history, craft makers and carers for community. Fostering skills and market development, from their geographical locus, yet preserving the best of tradition.

It is this, the fostering of ideas, like the emergent Social Business movement, that is the only truly scaleable resource we have. ‘A dialogue between two people with ideas results in a more dynamic third idea‘. Wonderful stuff!

Toni EsbergerCEO of Nottingham Circle

This section of the evening had the style of a structured interview and response between Toni and Jeanne.  Toni, in her development of the Nottingham Circle, a membership group for the over-50’s, had clearly done much to encourage the recording and shaping of data and soft outcome records for her organisation.

In any new or developing business, this collection of data is redundant in itself. It is how the people in the organisation deploy the knowledge locked up in the data, or in people’s stories over time.

Relationships, shared goals, resourcefulness and generosity. These were some of the keywords Jeanne was able to elicit from the speaker. They are the perfect framing paradigm for a good Social Business too. These and a great spreadsheet, which you can deploy for funders, partners and beneficiaries too.

Roger MoorsCEO of SEEM

How do you finance good business was Roger’s key question to the audience at Antenna? Illustrating the tensions between the Third Sector and traditional business, Roger opined that it was seen as the sector’s traditional role, over business, to deliver social outputs.

This has changed. Using another natural metaphor the audience were asked to declare if they ate vegetables? Then they were asked if they were vegetarians? There was a large disparity in the aggregate numbers of the replies.

Thus, Roger argued, ‘…Social Business is not about legal structure, it is about how you do it’. All businesses need capital, to finance cash-flow, purchase of assets or to develop their business idea. Social investment is, therefore, about investing for impact.

There are, therefore, three key elements to getting an offer of social investment. An economically sustainable idea. A collection of ‘investable’ people. Impact.

To see if you qualify, contact Roger at SEEM. He’s the capital chap!

Martin KnoxBrand Developer, Business Designer and Creative Interpreter for retail business

Martin works with people in organisations to ‘...identify, articulate and present the truth of their product or service’. Echoing the message that traditional business methodologies were undergoing change, Martin stresses the search for ‘truth’ in presentation, marketing and delivery as now being the key social business driver.

There is a new commercial imperative. It is the power of the story, not about a thing in itself. As founders of new social businesses the message about your motives, your values and the journey you have undertaken to get here are now powerful drivers of client or customer engagement.

This was a telling section of the evening. Stressing the emotional and empathetic engagement inherent in social business. ‘People no longer buy the ‘what’, they are interested in the ‘why’.

Nicky GreyFounder of Food Freedom

Nicky’s story is one of developing her Social Business through reaction to familial allergies and intolerances. Driven to engage with school catering staff, Nicky was able to grapple initially with the ‘different school lunch’ issue, helping to foster a more tolerant attitude to difference, certainly, but also restoring a sense of balance and good health to her own family members.

From this ‘community action’ approach, Food Freedom has gone on to foster and deliver a range of training courses and awareness raising expertise for a variety of clients – schools, companies and community settings.

A very telling and key part of the Food Freedom presentation was the characteristics needed to found, grow and stabilise a new Social Business. Nicky had three important messages for the Antenna audience…

  • Really want to make a difference – care about it above profit…
  • Draw exhilaration and energy from the feedback and measured impact you can obtain along the way…
  • Make sure you gather that evidence formally and then deploy it wisely.

 

The evening concluded, after a short break, with a full Q & A session with the expert panel. The Chair was able to guide the audience through questions and responses, from theory and practice, to help them conceptualise, form or grow their Social Business idea.

This was a well organised, useful and informative session. It is part of a wider programme of creating enterprise events. If you have an idea as post-grad, then this is the place to go for answers, advice and, perhaps, even funding…see more here.

Ethical business with a social dimension...
Ethical business with a social dimension…

 

Clowne and District Community Transport (CDCT)

CDCT Logo4CDCT 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

CDCT Call for Engagement paper - pdf version...“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.

Icon for Adobe PDFYou can download the full CDCT proposal information here…

Timescales and next steps for the Expression of Interest process:

emailIconMiniTo request an EOI, please send an email to SEEM at info@seem.uk.net with the subject ‘Clowne and District Community Transport EOI’.

The Board of CDCT has asked that all EOI’s are returned back to SEEM at the same email address by 7th April 2015 at 5pm.

Applications received after this date will not be considered.

Please refer all queries regarding the process to SEEM not CDCT.

Ethical business with a social dimension...
Ethical business with a social dimension…

Elvaston Castle, development Chair sought…

Elvaston Castle and Country Park, in Derbyshire, has been working to establish through consultation, with a wide variety of communities of interest and partners, a clear ‘vision document’ for the Castle.

This has been achieved and now the Castle is looking to appoint a Chair of a new advisory Development Board, to prepare the estate for the next phase of its sustainable future.

Working with The National Trust, Derbyshire County Council have delivered a profile and terms of reference for the new Chair and the Development Board.

internetIconMini You can see the original recruitment documents on the web pages of Everything Elvaston Castle here.

This Community Interest Company  (CIC) has been established to play its own partnership role in developing and broadcasting news and information to the Elvaston community and its hinterland.

(Roger Moors of SEEM, has through his work with the community and DCC, as well as the Elvaston team, been instrumental in the creation of this new inclusive community presence, designed to inform everyone about the new future for the Elvaston Estate).

internetIconMini  You can discover more about ‘The Future of Elvaston’ on the web site www.futureelvaston.co.uk here.

Ethical business with a social dimension...
Ethical business with a social dimension…