Spartans net share of social enterprise funding

Posted on 12/02/2014 by

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The Spartans are among 67 enterprising third sector organisations to be awarded a share of £2.3 million social enterprise funding, Finance Secretary John Swinney confirmed today.

Spartans will receive almost £16,000 from the Enterprise Ready Fund and eight other city-based charities and voluntary organisations will also be supported.

The £6 million Enterprise Ready Fund, which opened to applications last September, builds on a number of current initiatives the Scottish Government has in place to continue to support a sustainable, capable and enterprising third sector.

The Finance Secretary’s announcement comes ahead of a trip to Oslo where he will plans to highlight the Scottish Government’s commitment to supporting the third sector at a conference on Social Entrepreneurship. It’s estimated that there are now between 3,000 – 4,000 social enterprises across Scotland and that that number is growing.

The Cabinet Secretary for Finance, Employment and Sustainable Growth said: “I would like to congratulate the 67 organisations which have been successful in securing grants from the Enterprise Ready Fund, ensuring the impact of these investments will be felt across Scotland.

“We believe that an enterprising third sector is a vital partner in our economy, in civic society and in the creation of a fairer and more inclusive Scotland. That is why we have invested heavily to help the sector develop.

“We have had a great response to the fund so far and I am keen to remind new, emerging and established third sector organisations that they have until 16 June to apply for funding. I hope that by investing in the third sector and enhancing its self-sufficiency we can look forward to a future where these organisations play a full role in public sector reform.

“Speaking at the Ferd conference provides an opportunity to share the experience of building a strong social enterprise sector, with our friends in Norway. Scotland has an excellent reputation for our work with the third sector. It is regarded as the best place in the world to start a social enterprise and there is increasing international interest in what some are calling the ‘Scottish Model’.”

The Enterprise Ready Fund will help organisations to develop, become more efficient and self-sustaining, or diversify into new markets. Priority is being given to activities that contribute towards the Scottish Government’s Prevention and Welfare Reform agendas. The fund is being delivered by a consortium of third sector organisations led by Foundation Scotland in partnership with Community Enterprise in Scotland (CEiS), Developing Strathclyde Ltd (DSL) and the Social Value Lab.

Foundation Scotland’s Chief Executive Giles Ruck said: “We are delighted with the wide variety of applications we have received so far, which showcase the innovative ways organisations plan to use their awards to make a real difference to the people and communities they serve. We hope this initial announcement will encourage new or developing third sector organisations to apply to the Enterprise Ready Fund before it closes on 16 June.”

Other Edinburgh-based organisations to receive Enterprise Ready funding include Children in Scotland (£24,840), Comas (£37,833), Grassmarket Community Project (£69,963), Greetings from Leith Ltd (£14,287), Nourish (Scotland) (£50,000), Power of Youth (£21,000), Spartans (£15,804), The Melting Pot (£25,000) and Transform Scotland (£49,544).

Further information and full details of the Enterprise Ready Fund can be found at:http://www.foundationscotland.org.uk/grants-and-funding-for-organisations/what-grants-are-available/enterprise-ready-fund.aspx

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