How we incubate social enterprises
Through our award winning Beyond Business programme, delivered in partnership with Investec, we nurture and launch new social enterprises in east London. We provide practical support and advice to ensure their success in the crucial early years of trading.
Based in Tower Hamlets and also working in Newham and Hackney making a lasting difference to the lives and futures of people living locally.
What we do
We seek out budding entrepreneurs who are committed to creating successful businesses that are both profit making and deliver serious social and/or environmental outcomes. We invite them to pitch their business ideas to the Beyond Business 'Dragon's Den' style panel. Successful applicants are then provided with up to £20k of investment funding as well as membership of the programme.
The combination of investment funding and skills support helps to ensure the entrepreneurs success in creating sustainable businesses.
We provide training and support in:
- Business planning
- Sales and marketing
- Financial control
- Becoming an employer
- IT for start-ups
- Pro bono legal help
We have a very successful track record with a realistic proven business model that creates lasting benefits. Since the programme was launched eight years ago, we have:
- Set up over 55 new social enterprises in Tower Hamlets and beyond
- Helped to generate a combined turnover in excess of £4m
- Created over 325 new jobs in east London
- Fostered a dynamic network of enterprises that support each other
- Given budding local entrepreneurs a unique opportunity to create a social business
"The Beyond Business initiative was particularly strong and produced good outcomes for the amount invested"
Peter Lewis, CE of the Institute of Fundraising
Beyond Business is generously supported by Investec, a distinctive specialist bank and asset manager. Sole funder since 2011, Investec has won multiple awards related to its community programmes, including Business of the Year at the Business Charity Awards in 2017.
The Beyond Business programme is delighted to be working with Genesis Housing to develop entreprenurial talent within their communities in Hackney. Due to the success of the programme Genesis Housing were finalists in the national Housing Heroes Awards for 'Ground Breaking Service Team of the Year".