FINANCE NEWS: £1m funding boost for Midlands social enterprise service

A business support service for social enterprises in Birmingham has won £1 million funding.

Co-Enterprise Birmingham's Enabling Social Enterprise project received 53 per cent of the money from Birmingham City Council and the rest from the European Regional Development Fund.

The grant will be used to provide financial and business advice to community businesses, development trusts, co-operatives and credit unions in the most deprived areas of the city.

The three-year project is set to create 70 new jobs, safeguard 100 more and launch at least 12 new social enterprises.

Lynn Branson, chief executive of Co-Enterprise, said: "The project will build on Co-Enterprise's years of experience and knowledge within the sector, moving social enterprises to a higher level of sustainability.

"It will target good quality business support resources to those communities most in need, enabling Co-Enterprise to develop new services, new products and meet the business development needs of new customers."

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Already registered?
Sign in
Follow us on:
  • Facebook
  • LinkedIn
  • Twitter
  • Google +

Latest Jobs

RSS Feed

Third Sector Insight

Sponsored webcasts, surveys and expert reports from Third Sector partners


Expert Hub

Insurance advice from Markel

Managing risk at outdoor events

Managing risk at outdoor events

Partner Content: Presented By Markel

Voluntary and community events are increasingly popular, especially around this time of year.

Third Sector Logo

Get our bulletins. Read more articles. Join a growing community of Third Sector professionals

Register now