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A snapshot of some of our most recent work and an insight into some of our ideas on the hot topics and issues that affect the public and not for profit sectors, and how we are responding to them.
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Social enterprise fund increases
Over £1 million in grants has been generated for those working for social enterprises, it has been revealed.
Raised by the ICO fund, a subsidiary of social lender Co-operative & Community Finance (CCF), money from the share issue is set to be invested in community schemes and not-for-profit businesses across the country, Third Sector reports.
Alain Demontoux, operations manager at CCF, said: "We are delighted that the 2007 issue has surpassed all expectations, not least because we have managed to increase the size of the fund on previous years, which will allow for higher levels of lending in future."
Following on from receiving such funding, it may be possible that charities are able to maintain sustainable efficiencies with greater effectiveness.
Two previous shares issues were able to raise a total of £1 million, which in turn allowed the CCF to lend some £3.3 million to third sector organisations.
In recent days, it was revealed that a stock exchange, designed by Mark Campanale and Pradeep Jethi to help social enterprises receive funds, is set to be launched in 2009.
More about sustainable efficiencies.
