Enterprise Development Programme
What is it?
The Enterprise Development Programme is a five year programme, funded by Access – The Foundation for Social Investment and managed by a coalition of partners. The programme aims to provide a broad range of support for charities and social enterprises in England, helping them become more financially resilient by developing new enterprise models, or by growing existing ones.
A year-long pilot of the Programme was launched in September 2018 for charities and social enterprises working in the Youth and Homelessness sectors. Following the success of this pilot, Access have committed to expanding this programme, and are pleased to welcome on board the Mental Health and Equality sectors, as well as extending the involvement of the pilot sectors until 2021.
Who is it for?
The programme will offer tailored support to organisations that are thinking of exploring new models of trading to help them become more financially resilient and who require support to make the transition.
Support will be available for organisations working within the following sectors:
- Mental Health
Organisations will work collaboratively with sector leads; Homeless Link, Centre for Youth Impact, Association of Mental Health Providers and Equally Ours, throughout the programme journey. Social Investment Business will help to administer the programme.
What is available?
If accepted onto the programme, organisations will have the opportunity to work with the programme partners to ascertain exactly what they need to progress their ideas and build the resilience of their organisation. Packages of support will be agreed for each organisation, and could involve any or all of the following:
• Joining a peer cohort to share enterprise journeys (NB this is likely to be a standard requirement of all participants)
• Grants to research or test out new ideas, to launch new enterprises or grow existing ones. Grants can be for varying amounts but will usually not be more than £30k, and are likely to be conditional on evidence of growing income streams, using methods such as MatchTrading TM
• Training and learning opportunities tailored to needs
• Direct advice and support
How do I apply?
For more information on how you can apply, including sector grant application windows and eligibility, visit the Enterprise Development Programme website.
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If you have any questions about the programme, please contact the SIB investment team on firstname.lastname@example.org.