Who: The School for Social Entrepreneurs
Start date: September 2019
End date: September 2020
Funding awarded: up tp £243,235 including Match Trading grants
Supported through: childhood obesity programme and multiple long-term conditions programme
Find out more: @SchSocEnt
The Health and Wellbeing Trade Up Programme is a new initiative designed to help local entrepreneurs grow their social ventures, with the ultimate goal of increasing their impact sustainably.
Run in partnership with the School for Social Entrepreneurs (SSE), the programme is helping selected enterprises in Lambeth and Southwark that support better child health or people with multiple long-term conditions. There are a wide range of ideas and projects, from those using outside space to provide local kids with play areas, to groups helping people with multiple long-term conditions start their own businesses. The programme supports them by:
June - July 2019
Candidates submit details of their existing and planned projects
Candidates have their projects scrutinised by representatives from the School for Social Entrepreneurs and Guy’s and St Thomas’ Charity
Entrepreuners informed of their place on the programme and sent their itinerary for the year
September 2019 - September 2020
Entrepreneurs attend 12 sessions throughout the year including expert talks, facilitated training and peer to peer groups
Evaluation of programme
The programme is supporting social enterprises by focusing on skill areas that growing organisations need to develop. Participants hear from expert practitioners and seasoned social entrepreneurs, learning the skills needed to take a project to trade sustainably. They also build a network of peers and get vital access to influential people within the social enterprise sector. The learning days cater to specific needs and gaps in knowledge of the participating entrepreneurs, covering topics including:
The programme is made up of five core models of support:
Match Trading is a new funding approach for us, pioneered by SSE with exciting results so far. These grants are payments matched against increases in income from trading. Each venture receives £1,000 when the programme starts, after which they claim grant instalments dependent on how much their income from trading has increased compared to the previous year (up to £10,000).
Income includes the sale of goods to the public (eg. food, tickets or workshops) and to other organisations (eg. training courses or contracting). It doesn’t include donations, investments, loans or equity income.
This partnership will allow us to find local ventures that are delivering outcomes directly aligned with what we want to achieve through our programmes on childhood obesity and multiple long-term conditions. The Health and Wellbeing Trade Up programme is an example of our layered, whole-systems approach to driving better urban health. Supporting social entrepreneurs adds to the range of initiatives we’re backing in our place from across sectors. This project is also a new way for us to help entrepreneurial ideas succeed, by supplementing trading income with grants and providing training and support.
In contrast with grant funding, we are testing the value of Match Trading grants as a new kind of support mechanism. We hope it will gives us the opportunity to drive more sustainable local community solutions that are rooted in our place.
Southwark-based School for Social Entrepreneurs helps thousands of people every year develop the skills, strengths and networks they need to tackle society’s biggest problems. SSE operates in 12 locations across the UK and has schools in Canada and India. We are excited to partner with an organisation that has the expertise and reach to support home-grown ideas in line with our strategic goals, and a well-established programme to trial a targeted approach to supporting sustainable impact.
The eight social enterprises selected are:
As well as SSE’s own evaluation which focuses on how the social entrepreneurs’ leadership skills develop over the course of the programme, we will work with an external evaluator to gather additional data on a number of areas including increased trading and sustainability, greater confidence and leadership skills amongst participants, and improved ideas that support health in Lambeth and Southwark.