Read the following article in Coop News – includes input from CASE Advisers
Useful Links for help and advice about Covid-19
Co-operatives UK – https://www.uk.coop/coronavirus
Plunkett Foundation – https://plunkett.co.uk/covid-19-live/
East Midlands Chamber – https://www.emc-dnl.co.uk/news/2020/02/24/coronavirus-planning-ahead/
Social Enterprise Magazine
Sign up to the Pioneers Post for the latest information and developments on social enterprise and investment https://www.pioneerspost.com/
See here for Pioneers Post top tips on telling your story better:
Co-operative Delivery Models in the Domiciliary Care & Hospitality Sectors
The Social Investment Business is thinking about how it can support the care sector through social investment and there is a huge potential to develop local mutualised groups and shared ownership models such as co-operatives. Take a look at their blog:
Be Caring, an employee owned social enterprise providing social care received Big Potential and Reach grant funds to support it to access social investment with the Social Investment Business:
The Social Investment Business has also blogged about the potential for new ownership and delivery models to sustain the local hospitality sector and economic and social deprivation:
If this is something that you are interested in then Co-operative and Social Enterprise Development Agency (CASE) may be able to help. There are grant funds available to start-up and develop a co-operative model as well as for existing co-operatives to develop and grow, and CASE can help youalong the way: https://www.uk.coop/the-hive/apply/pathway-2
Support for Women & Women-led Organisations
A great report has just been released by Lincolnshire Community Foundation and Sortified called ‘On An Equal Footing’. This project is the output of a project funded by the Connect Fund that aims to support women and women-led organisations to access social investment opportunities across the East Midlands. The project recommended a number of key actions in order to create a better environment for women accessing social investment in the future.
The report can be found here: https://www.onanequalfooting.com/report
The website includes some useful resources & links: https://www.onanequalfooting.com/resources
Housing and Social Investment
Housing is a priority area for the Big Society Capital with new housing funds emerging and it is testing and developing new innovative housing models, check out their blog:
For social investment take a look at the Community Impact Partnership, a partnership between four of the UK’s leading housing associations that provides social investment in the form of blended grants and loans to help charitable organisations, social enterprises and community businesses to grow and innovate. https://communityimpactpartnership.co.uk/
Here are some good resources on housing:
Hact supports development and innovation in the housing sector. It has some great tools and resources on social impact https://www.hact.org.uk/
The Housing Federation has the latest news and developments in housing: https://www.housing.org.uk/
Support Solutions provides insight, support and expertise in housing: https://www.supportsolutions.co.uk/
Homeless link is the national membership charity for organisations working directly with people who become homeless. See their website for news, facts, resources and support: https://www.homeless.org.uk/
Crowd Funding Investment for Community Empowerment
Could your group consider a crowd funding model to fund projects support community-led regeneration and boost local resilience? Check out this great resource that explains what crowdfunding for community investment is, how to do it, & the opportunities and challenges: https://www.nesta.org.uk/report/taking-ownership/
Social investor directory
A list of all of the social investors can be found on the Good Finance website here: https://www.goodfinance.org.uk/investors-advisors
Grants to support you to raise investment
The Reach Fund is a grant programme that helps charities and social enterprises raise investment. You can apply for up to £15,000 to pay for any support that you may need (e.g. business planning, financial models, marketing). If you need support to develop a proposal then please contact CASE – we will discuss your needs and help you to access the support that you need. https://www.reachfund.org.uk/
Case studies of social enterprises and investment
The Social and Sustainable Capital Impact report lists a number of large social enterprises that have secured investments – take a look and see if any of these business models are relevant to your organisation: https://www.socialandsustainable.com/news/sasc-launches-2019-impact-report-highlighting-key-investments-and-new-housing-fund
Check out these podcasts of social enterprises that have experience in applying for and securing social investment, including HQ Recording, a social enterprise in Leicester that accessed support from CASE and secured a blend of grant funding and social investment to grow the business: https://www.goodfinance.org.uk/latest/post/resources/podcasts?utm_content=buffer652ef&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
Enterprise Support Toolkit
The Key Fund has a fantastic resource called the Enterprise Toolbox – with everything that you need including information, resources and templates to support social enterprises to develop and grow: https://thekeyfund.co.uk/finance/our-support/
Take a look through the Eastside Primetimers selection of the top ten articles, videos, resources and tools that will help you take your digital leadership to the next level: https://www.ep-insights.org/blog/2019/5/3/10-of-the-best-charity-digital-resources
Charity Bank is running a series of FREE half day seminars for charities and social enterprises on the state of the sector and funding opportunities with practical insight and guidance from experts and leaders. See here to register: https://go.charitybank.org/road-to-growth
CASE and VAL are running a Financial Planning workshop in Leicester, 9.30am-12.30pm on 16th September, open to any organisations based in the East Midlands that are currently trading or wanting to trade in the future. This FREE workshop will help organisations to fully cost their projects/services, identify financial scenarios and make decisions on cost/ pricing, develop financial forecasts/models and met due diligence & financial standards for social investment.
Co-operative and Social Enterprise Development Agency (CASE) is a social enterprise and co-operative established in 1982 that is the trusted organisation for co-operatives, social enterprises and community enterprises. It supports co-operatives and social enterprises to develop and grow and it promotes co-operative ways of working.
CASE is working in partnership with local infrastructure support organisations across the East Midlands to identify and support groups to increase their resilience through developing social enterprise business models and accessing social investment. If you have a good idea or proposal for investment or if you are already a social enterprise and you want to develop and grow through trading then please get in touch either with CASE or with your local support CVS.
Co-operative and Social Enterprise Development Agency (CASE)
T. 0116 222 5010. E. email@example.com
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CASE Director, Dorothy Francis, received an MBE in the 2016 New Year Honour’s List for “services to enterprise and the communities of Leicester and Leicestershire.”
Dorothy was one of three prominent figures in the UK social enterprise landscape to be recognised in the New Year Honours List and was mentioned in the Government’s press release for her services in supporting enterprise growth.
Dorothy has worked tirelessly for over 30 years to encourage co-operatively run businesses to establish and grow and has directly supported over 200 enterprises to start, develop and realise their potential. Some of the businesses that Dorothy supported to set up have now traded for 30 years and many are award winners in their field.
The MBE was announced in 2016 and crowned an outstanding year for Dorothy in which she was included on both the Birthday and New Year Honours lists. In addition to receiving an MBE in the New Year’s Honours List, Dorothy was recognised in the Queen’s Birthday Honours List in April 2016 when she received the Queen’s Award for Enterprise Promotion Lifetime Achievement Award. The Lifetime Achievement Award is an OBE equivalent honour and is only given to one person annually; Dorothy is the 12th person in the UK to hold this accolade.
That was a busy year for Dorothy in that she also became a Companion of the Chartered Management Institute (CMI), which is the most senior level of membership and is awarded by invitation only. The invitation was in recognition of the contributions that Dorothy has made to the field of management and leadership within the co-operative and social enterprise sector and the role that she will play within the CMI to help shape the future of the management profession.
Dorothy commented “I love my work and consider it not just a job but a vocation. I am passionate about co-operatives and social businesses and I am delighted to receive recognition through being granted an MBE, the Queen’s Award and an invitation to Companionship of the CMI. However I have not achieved this in isolation and I would like to thank the inspiring people at CASE, past and present, whom I have worked alongside to promote the principles and practices of social business for many years. I would also like to thank the dedicated, hardworking and inspirational people who access CASE to explore and fulfil their dreams of running community focused businesses. I consider myself lucky to work with people who seek to change society and it’s a pleasure to be involved with so many committed social entrepreneurs.