£5000 prize competition
Your social enterprise could win £5000+ of active advise, software and links to potential investors. Leading to the chance to win £50,000 of investment.
Top Prize
Business plan boot camp and mentoring plus registration on the Angelsoft network of 20,000+ sophisticated investors.
Second Prize
Online network promotion and attending investor events
Third Prize
10 copies of Business Plan PC software
To enter goto http://socialenterprisecompetition.co.uk web site. Please read our competition terms before progressing.
Social Enterprise Competition is a non profit company run by David Bowman.
Return on Giving
Return on Giving is philanthropic investment in social enterprises which are run by entrepreneurs for profit and social good.
By investing in these companies the Giver may see a financial and social return. As well as having some say in how their gift is spent it may be possible to structure the investment to get their initial funding back with interest.
This site has been set up to promote the concept of achieving a Return on Giving as:
1) an alternative to cheque book giving
2) a more entrepreneurial way of achieving social change
3) reducing investment risk by finding match funding and soft loans to underwrite the projects
4) better company structures to provide better tax benefits and
5) to try and get the Government to see that the Big Society needs properly capitalised companies providing long term programmes.
More details on www.returnongiving.co.uk web site.
Future Jobs Fund RIP
The deadline for applications for the Future Jobs Fund has now passed. This leaves our plan to create an Incubator in Woking Surrey on hold. This would have taken 18-24 year old long term unemployed off the dole and into a training programme. Addressing their lack of self esteem and the ability to sell their skills to prospective employers.
When the Con Lib government came to power there was an element of throwing the baby out with the bath water. If it wasn’t invented by the new requiem it had to be cancelled to save money. I have spoken extensively in my blog about the failings of the Future Jobs Fund. But it at least gave funding to organisations to create opportunities for the long term unemployed.
We are left with the hope that after the Spending Review, on the 20th October, will introduce new schemes for the long termed unemployed. With the likelihood that these will start after Easter 2011.
The Big Society concept of payment by results will mean that any new Incubator will have to be properly capitalised. The Social IPO web site and events have been set up to address this.
It has also proposed that new job creation schemes and help for new businesses will not be targeted to the South East.
These factors point to the setting up of a national Incubator network called Small Business Success Centre.
I will post more on my blog, E newsletter and on this site about the development of this project.
Social Enterprise Bootcamp
To most social enterprises a business plan is a grant document. When they go out of their comfort funding zone they do not know how to present themselves, write a business plan or develop a cash flow forecast.
This Social Enterprise Funding Bootcamp 2 day event takes social enterprises through: optimizing company structures and funding methods. New funding opportunities. Writing a social enterprise business plan and cash flow. Presenting to Angels and other funding sources.
To find out more go to the socialenetrprisebootcamp.co.uk web site
Welcome
I specialize in taking social enterprises through the various stages of investment readiness and funding. With the eventual goal of achieving a UK small cap IPO.
The news posted on this blog is used on socialipo.co.uk, altcofunding.co.uk, socialenterpriseangel.com, wokinginc.co.uk, 1824jobs.com and many more.
