Social Enterprise

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    Housing association helps the environment and homeless at the same time

    Northward Housing and The Mustard Tree homeless charity have teamed up to help get people back into work. The charity's Standfirm enterprise sees properties left by Northward's tenants, who have either died or left their flats suddenly, cleared out. If the contents are in good condition, the contents are given to the Mustard Tree which then donates them to people in need or sells them to raise...

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    Trash to treasure scheme

    Mr Pearce, from Broughton, Salford, is launching a new social enterprise ‘Old to New Furnishings', with the help of a grant from social housing provider Salix Homes. This new enterprise renovates unwanted furniture whilst helping unemployed people learn new skills. The restored furniture will be sold to the community at an affordable price with any profits being place back into the project to...

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    WakeOrDonate app helps charity's gain donations

    WakeOrDonate is a mobile phone app which will make a donation to a charity each time the snooze button is pressed on someone's phone alarm. The app has been developed by Ronan Finnegan, a nineteen year old on a gap year between the end of his A-levels and going to University.Mr Finnegan said that 14% of staff show up late for work due to pressing the snooze button and this costs the UK's economy...

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    A new approach to help people find care

    A peer-support model is a way of working that allows the sector to save money whilst also giving reliable support and care to those needing it.  Peer brokers will help other care-users manage their own services, meaning people managing long-term conditions are being trained to support others find care. Chief executive of social enterprise MySupportBroker, Sinéad Brophy, has seen councils across...

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    Pilot Project Shows Social Enterprises Can Tackle Local Problems

    The JRF pilot project in Bradford shows the untapped potential that locally based social enterprises have to solve local problems.The report also says that local authorities should place a higher importance on this as a way to help the problems, and be willing to take the risk to back them.The Bradford Social Future Awards is a pilot scheme in partnership between JRF, UnLtd and Bradford...

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    Charities would rather trade as a Social Enterprise

    The results of the survey showed 92% said they would like to increase their income from trading and government contracts in the next three years.From asking 100 charities, the results shows that more than half of the sectors income is now earned through trading and government contracts, rather than charity donations or grants; 90% said they are concerned that traditional voluntary and grant...

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    Charities and Businesses form New Social Enterprise

    New methods need to be found for funding new social enterprises to free them from traditional methods and generate new methods of spending as well as methods of funding.Foundations traditionally donate to other organisations through grants, but recently have started providing affordable but repayable finance to social enterprises and charities.Joining charities and businesses together could be a...

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    Social Enterprise to help those with learning difficulties is expanding!

     Loddon Social Enterprise will from next month be able to provide facilities where cooking, artwork and computer skills can be learned to increase the work experience for adults who have learning difficulties.The charity helps nearly 40 adults of all ages with learning difficulties, and will now be able to attract more people who will be able to use the service.They are able to gain paid work...

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    Social enterprise spending to reduce reoffending

     The process still seems to be a learning process at present, and the ministry have recently completed a consultation on the sector to gain helpful feedback.They will be giving out a second grant to total £300,000 to 3SC, a social enterprise they have previously funded, who are helping to build capacity and capability in voluntary and community services, and social enterprises working with them...

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    Remploy Workers want to buy Factory as Social Enterprise

    The factories that make components and assemble car parts in Birmingham, Coventry and Derby, will lose all funding from the government by September.They were left open when thirty four Remploy factories were closed last year, as they were still making enough money, but now all factories will lose government funding by September and some are to be sold off to private buyers.Remploy workers are...

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    New Law should make public bodies account for social value

    The Public Services (Social Value) Act 2012 was passed in February last year and came in to effect on 31/1/13.It requires commissioners of public services to take into account "economic, social and environmental wellbeing" when seeking to purchase services from suppliers. The act applies only to central government and NHS contracts worth more than £113,057 and local government contracts worth...

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    How Social Enterprise Can Reduce Gang Violence

     The Association of Chief Executives of Voluntary Organisations questioned the Government's Big Society policy for ignoring charities as a key stakeholder in the implementation of public sector reforms.If charities are being left out of the reform debate or have their hands tied as to the level of resources available, there is great potential for social enterprises to deliver public services...

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    Mid-term Review on Big Society and Social Action

    This Government believes that the good society is one that is built from the bottom up, not the top down, and that the process of helping to build it - of putting something back in to society as well as taking something out - matters as much as the practical result. It is not the grand plans of politicians and bureaucrats that will ultimately deliver social progress and build social capital, but...

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    Awards of £50-250k for social investors!

     The programme offers intensive support, powerful connections and match funding to help early stage social ventures raise investment to 100 organisations.In the 2013 cohort, they will be offering ambitious social entrepreneurs the opportunity to work with an expert team to raise investment in their ventures.Working in partnership with three well-known social investment intermediaries, ClearlySo,...

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    Mutual Public Service set up for adult health and social care

    The new organisation, which will give customers and staff a greater say in how services should be run, will see over 500 council staff transferred into the Separate Legal Entity.Executive member for adult social care and health, Brenda Dowding, said:Service users really want quality. The proposed mutual is saying quite clearly it will be founded on the principle of competing on quality and not...

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    Social enterprises are turning away from public services

    The report is commissioned by Social Enterprise UK, and calls for urgent action to strengthen the Public Services Social Value Act to create more transparent markets. Public service contracts should take into account ‘additional social value’ when being drawn up, the report finds.It says that charities and social enterprises are being pushed out of public sector markets, despite their...

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    Homeless Charities Given &poound;5m in Payment By Results

    It is designed to work with rough sleepers who miss out on support because they are neither long-term rough sleepers nor new to the streets.The GLA worked with the Communities and Local Government department and social finance advisory service Social Finance to develop the homelessness bond, which will run for three years.  Its aim is to reduce rough sleeping by helping people into stable...

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    Social Enterprise awards for the sector

    1 in 7 of all social enterprises is a start-up, more than three times the proportion of start-ups in the mainstream SME business sector. And over half (58%) of social enterprises grew their business last year, compared to 28% of SMEs (Social Enterprise.co.uk).The sector’s flagship awards, now in their 14th year, are organised by Social Enterprise UK, who are working with partners in Scotland,...

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    £10m social investment funding for homeless people

    The fund will be managed by Resonance, a specialist social investment organisation.L&Q is one of the largest social landlords and manages more than 66,000 homes, mostly in Greater London.Broadway has already offered its lettings service to private landlords and operates in 20 of the 32 London boroughs. The new fund will allow it to expand its operation in purpose-bought property.Waqar Ahmed,...

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    Local investment from Council pensions could double

    Under the terms of a consultation unveiled by communities secretary Eric Pickles today , this would be doubled to 30%, freeing up to £45bn of LGPS funds for house-building, transport or regeneration projects.Mr Pickles said:Unlocking town hall pension pots so they can be used to invest in vital infrastructure projects is a common sense decision that will help this country complete on a...

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    £7m Social Impact Bonds to Tackle Youth Unemployment

    It has announced this week that it has awarded two contracts worth £7m from the Innovation Fund's second funding round to two social impact bonds managed by Social Finance. The social impact bonds will fund interventions to work with around 2,500 vulnerable 14-15 year-olds in the North-West of England. The programmes will be delivered by charities Adviza and Teens and Toddlers. Investors into...

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    Community Development Finance Association gets £60m to lend to social enterprises

    The Community Development Finance Association will receive £60m to lend to social, small and micro-enterprises, the business secretary Vince Cable has announced.The scheme is aimed at creating more than 8,000 jobs in deprived areas of England and boosting local growth over six years.The CDFA, the umbrella body for community development finance institutions, will receive £30m from the...

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    Is this social investment's moment?

    By Seb Elsworth, Published 21 September 2012Seb Elsworth is director of partnerships and communications at the Social Investment Business.This is just a summary - to read full article go to NewstatesmanHow can we grow the investors, and investable organisations?Big Society Capital will provide a key source of new capital into the market. It has quite rightly set some challenging targets around...

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    Study into pension funds sets out agenda for "alternative" local investment

    A new study by the Smith Institute calls on local authorities, Government and the pension fund industry to boost the sector by blending and pooling funds, reforming the rules on management and investment of funds, and establishing an independent platform to asses the value of projects.The report by the Smith Institute who worked along side the Centre for Local Economic Strategies, PIRC, and the...

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    New DCLG minister backs call for LEPs to be funded

    The report by the all-party parliamentary group (APPG) on local growth, launched last night, also says LEPs should "collaborate across boundaries, particularly on strategic planning, transport, housing and infrastructure".LEPs were set up two years ago as business-led, mostly self-financing public-private bodies to replace regional developments agencies in driving economic growth at a local...

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    Big Society Capital social investments

    Yesterday they announced details of its initial investment commitments totalling £37 million. According to present reports by the Boston Consulting Group, the demand for social investment is expected to keep growing as the big society and localism concept takes off, and the expected figure is £1 billion of investments by 2016, and the demand for capital in the social sector could grow at 38% a...

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    Big Society Capital to announce investments worth �£32m

    Big Society Capital, the £600m social investment wholesaler, will announce seven new investments worth about £32m on Thursday.The lender, which was formally launched in April this year, has already agreed five deals worth around £5m. Nick O'Donohoe, its chief executive, has said he hopes to commit around £50m in its first year.A spokesman for Big Society Capital said the details of the...

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    Become a mentor for a Charity

    We want to link business professionals with individuals from the social enterprises and charities that have received investment from one of our funds.Our mentors will act as a critical friend to some of the most inspirational and committed people in the third sector, able to share skills and experiences with the ultimate goal of helping their organisations be successful and achieve their social...

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    Social Enterprise progress for the UK

    Social Enterprise Network of The Guardian recently did a live Q&A with Christine Wilson, head of youth and society from the British Council about Social Enterprise in the UK.I like the Social Enterprise UK definition - A social enterprise is a business that trades for a social and/or environmental purpose. It will have a clear sense of its social mission, which means it will know what difference...

Exempt Accommodation, Welfare Reform and Vulnerable Tenants Another excellent session from Support Solutions - excellent value for money and excellent training D.A - St Vincent's Housing Association

 

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