Social Investment Business to launch support scheme for Right to Challenge

Chief executive Jonathan Jenkins says the right is an opportunity for social ventures to grow by increasing their revenue

Jonathan Jenkins
Jonathan Jenkins

The Social Investment Business is to launch a new £11.5m support scheme designed to help voluntary organisations take over the running of public services in their communities.

The Community Rights Programme will run for three years and was announced yesterday, the same day that the Community Right to Challenge came into force.

The right enables organisations including voluntary groups, parish councils and local authorities to bid to take over the running of services in their communities, with the aim of making them more reflective of local needs. It was created by the Localism Act 2011.

The SIB will run the scheme with the chief executives body Acevo and the local umbrella body Locality.

Among the services available under the programme will be an advice line. There will also be grant funding designed to help groups at both the pre-feasibility and feasibility stages of a takeover bid.

Jonathan Jenkins, chief executive of the SIB, said: "The Right to Challenge presents a fantastic new opportunity for social ventures to grow through increased revenue, and therefore build their capacity to secure further investment – all with the goal of being able to reach more beneficiaries."

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Follow us on:
  • Facebook
  • LinkedIn
  • Twitter
  • Google +

Latest Jobs

Forthcoming Events

VAT and Gift Aid for Fundraisers

  • Wed 22 Oct 2014
  • London

High Impact: Improve Your Charity's Performance

  • Thu 23 Oct 2014
  • London

The Funding Landscape 2014

  • Thu 23 Oct 2014
  • York
RSS Feed

Third Sector Insight

Sponsored webcasts, surveys and expert reports from Third Sector partners

Markel

Expert Hub

Advice on risk from a specialist insurer

How to reduce theft at your charity

Maximising security on your premises, using deterrents such as SmartWater and ensuring computer systems are secure can all prevent a theft occuring, says Wendy Cotton, a charity insurance expert at Markel

Renting a property: how to minimise the risks

Managing the risks that come with renting a property can make the difference between a charity thriving or failing