Humber Social Enterprises Wanted – Free Support to Grow

Humber Social Enterprises Wanted – Free Support to Grow

The Humber LEP Business Growth Hub is looking for more of the region’s Social Enterprise to come forward and enrol onto its new pilot scheme of support designed specifically for the growth of not-for-profit organisations in the Humber region.

The Humber Social Enterprise Accelerator pilot (Humber SEA pilot) is currently supporting a number of social enterprises which have the potential to grow, create jobs and scale-up their work with their communities and groups of interest.

Delivered in partnership with Northbank Forum, the Humber SEA pilot provides intensive bespoke support for Social Enterprises to enable them to become financially robust and take advantage of opportunities for growth, such as accessing a wider range of markets and developing new products and services, to ensure future sustainability.

Since launching in January 2020, the pilot has already supported 11 social enterprises, and is looking to recruit at least five more before the end of the scheme in December 2020. The scheme is looking in particular for social enterprises in the East Riding of Yorkshire, as the pilot is yet to work with an organisation from that area.

The scheme’s tailored coaching enables Social Enterprises to exploit growth opportunities, remove barriers to development by providing advice and support on issues like funding and resources, managing people and demonstrating impact. It also facilitates peer-to-peer learning between the initial cohort of 16 social enterprises.

The Humber Social Enterprise Accelerator pilot is a fully-funded scheme and is therefore free to access. Social enterprises must have a trading address in the Humber region, employ less than 250 full time equivalent staff, have an annual turnover of less than €50 million or a balance sheet total of less than €43 million, have received less that €200,000 of De Minimis State Aid over the last three years, and not have been in financial difficulty on or before 31 December 2019 to be eligible.
For more information about how the Humber SEA Pilot programme can help your social enterprise, please contact Fiona Wright on 07377 387116 or email fiona@nbforum.org.uk.

For full details please follow the link.