West Yorkshire Social Enterprise Support and Funding

What is a Social Enterprise?

Social enterprises are businesses with primarily social objectives whose surpluses are principally re-invested for that purpose in the business or in the community.

Some organisations are developing trading arms or decide to establish themselves as a social enterprise. This page signposts agencies in West Yorkshire and useful websites that provide practical help with developing your ideas for social enterprise.

Social Enterprise Yorkshire and Humber (SEYH)

SEYH  represents, promotes and connects social enterprise in the region. The website has extensive details of finance available for social enterprises in the region. See www.seyh.org.uk/sources-of-finance

Social Enterprise Support Centre (SESC)

The Social Enterprise Support Centre (SESC) is a small, dynamic organisation delivering support services to the social enterprise sector through our networks, events, communications, workshops and consultancy. www.sesc.org.uk.     e-mail: info@sesc.info    Tel: 0845 2578027

Websites that may be of interest:

• www.startups.co.uk - aimed at people wanting to set up in business, there are also lots of good tips that would be of interest to social enterprises with a good business idea
• www.businesslink.gov.uk - sources of information, primarily for businesses
• www.socialenterprise.org.uk Social Enterprise London have produced a useful guide - Unlocking the potential - a guide to finance for social enterprises.

Some Funding Sources

Adventure Capital Fund

Offers community-based organisations several types of investment concentrating efforts on more disadvantaged neighbourhoods. They aim to help organisations become stronger and more self-sufficient through enterprise so they can become more self-sustainable and less grant-reliant. They provide access to finance, mentoring & support services.
Contact: Adventure Capital Fund (ACF), 1st Floor, Derbyshire House, St. Chad's Street, London, WC1H 8AG

Email: info@adventurecapitalfund.org.uk  Tel: 020 7842 7760     Fax: 020 7842 7761  Website: www.adventurecapitalfund.org.uk

Esmee Fairbairn Charitable Trust

The Trust has a Finance Fund This aims to complement the Foundation’s grant-making with loans and other investments to charities and social enterprises in our areas of interest.  By providing money in this way, the Foundation will share the risk and return of the investment. As part of the return on our investment, the Foundation hopes to help prove a new model for funding the sector: increasing its capacity, building balance sheets and proving that our funding can be recycled.
7 Cowley Street, London, SW1P 3NB Tel: 020 7227 5400 Website: www.esmeefairbairn.org.uk

The Prince's Trust Yorkshire and The Humber

The Prince's Trust provides a range of services for young people aged 14-30. Grants of  upto  £500 are available to support education, training or employment. For those looking at setting up a business, loans & grants are also available, together with ongoing business support, specialist advice and access to a business mentor.

1st Floor, King Charles II House, Headlands Road,Pontefract WF8 1DD     Tel: 01977 698 000   Email: webinfoyh@princes-trust.org.uk

UnLtd

UnLtd is a charity which supports social entrepreneurs. It provides packages of funding and support to help individuals make ideas into reality.They provide Award Winners with everything they need to ensure their projects are successful, from training and project shaping meetings to Award days.
Level 1 Awards between  £500 and  £5,000. Level 2 Awards can be up to  £15,000
Contact: 123 Whitecross Street, London EC1Y 8JJ.       Tel 02075661100      Fax 02075661101 Email: info@unltd.org.uk
Website: www.unltd.org.uk

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