SOCIAL ENTERPRISE A few useful things to know WSCC Social Enterprise Fund 2013-14 Barbara Beaton...
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SOCIAL ENTERPRISE A few useful things to know WSCC Social Enterprise Fund 2013-14 Barbara Beaton Social Enterprise Advisor ILM Level 5 Diploma in Social
SOCIAL ENTERPRISE A few useful things to know WSCC Social
Enterprise Fund 2013-14 Barbara Beaton Social Enterprise Advisor
ILM Level 5 Diploma in Social Enterprise Support - WSSEN Ana
Fajardo Development Manager, Economic Development - WSCC
Slide 2
Definition A social enterprise is a BUSINESS with PRIMARILY
SOCIAL OBJECTIVES whose surpluses are PRINCIPALLY REINVESTED for
that purpose in the business or in the community, rather than being
driven by the need to maximise profit for shareholders and owners'
(DTI, 2002).
Slide 3
What does Social Enterprise look like? Many different shapes,
sizes and sectors Social goals and objectives A business selling
products or services Principle activity focusses on trade Aligning
social and commercial objectives Profits and surpluses reinvested
Assets held for the benefit of the community
Finance and Social Enterprise Money Trading Income Loans Equity
Grants In Kind Voluntary Contribution Benefits in kind equipment
Corporate
Slide 8
Why Social Enterprise? Trading creates unrestricted income
Freedom from fundraising? The social enterprise brand Fits with
policy objectives Innovative and responsive to need A sustainable
funding model? Business linking with community and
stakeholders
Slide 9
Support with: Support with: Business Planning; Managing
aspirations; Providing ideas; Networking; Events; Lobbying West
Sussex Social Enterprise Network (WSSEN) 1-2-1 support from
qualified Social Enterprise Advisor Specialist training and
workshops Thematic events Opportunities to network Study visits
Bulletin Website www.wssen.org.uk
Slide 10
Support available from the Council for Voluntary Services (CVS)
Support available from the Council for Voluntary Services (CVS)
Arun & Chichester, Adur, Horsham, East Grinstead, Mid Sussex,
Crawley, Worthing Confidential conversation around your proposal;
insight gathering and horizon scanning Knowledge of existing
projects, groups and organisations and policies affecting your idea
Guidance on sourcing funding and gathering evidence and making
applications Links to; networks, other organisations, potential
partners, experience etc.
Slide 11
SEF Guidelines Up to 300,000 available this financial
year!
Slide 12
Previous Projects Blueprint 22 Worthing CVS Ferring County
Centre Work This Way Graffham Village Shop Association West Sussex
Credit Union The Arc Hubs
Slide 13
SEF DEADLINE: WEDNESDAY 21 st AUGUST 2013 at 5pm
Slide 14
What this fund is for: Start up or grow Income generation
Benefits to the community and the environment (social objectives at
the core) To be delivered in West Sussex SEF GUIDELINES
Slide 15
Who can bid for this fund? Social Enterprises Voluntary and
Community organisations Private sector Individuals SEF
GUIDELINES
Slide 16
What the fund is NOT for: Current activities or projects
Retrospective activity Feasibility studies If it duplicates If it
discriminates If you are not legally compliant SEF GUIDELINES
Slide 17
Selection process: SEF GUIDELINES 1. Proposal is checked
against criteria 2. Panel of experts (WSCC Members and experts) 3.
Recommendations made to Cabinet Member for Finance for final
decision
Slide 18
Deadline 21 st August 2013Panel to meet Report to Member of
FinanceDecisions announced Payments made SEF GUIDELINES
Timeline:
Slide 19
READ THE GUIDELINES Make sure you and your proposal are
ELIGIBLE Make sure you have filled in the APPLICATION FORM and
FINANCIAL SPREADSHEET Submit the Application Form and Financial
Spreadsheet by the deadline - 21 st AUGUST 2013 FILL IN ALL THE
SECTIONS - we will not ask you twice Use the CHECKLIST at the end
of the Application Form Stick to the number of words Ensure you
have SIGNED the forms SEF APPLICATION FORM
Slide 20
A clear and concise business proposal with social objectives
Setting out what, who, how, why, and when - well explained-answer
the Qs Your Unique Selling Point Clear picture of the finances -
short and longer term
Slide 21
Linkage to WSCC performance framework Identification of the
social impact and how this will be evidenced Legal and regulatory
formalities SEF APPLICATION FORM
Slide 22
Remember: THIS IS A COMPETITIVE PROCESS SEF APPLICATION
FORM
Slide 23
Further support for your proposal WSSEN: Social enterprise
advisor You local CVS Send queries to:
[email protected][email protected] Info and contacts:
www.wssen.org.uk
