Do you have an idea for a new Social Enterprise?
11 May 2009
Beyond the Barn and the Tower Hamlets Partnership is offering start up funding for new or emerging Social Enterprises across Tower Hamlets.
The Social Enterprise must be located in Tower Hamlets and the business leader must reside in the Borough.
Beyond the Barn is based at the Bromley by Bow Centre and works to promote and support Social Enterprise across Tower Hamlets. It has already launched a network of 25 successful Social Enterprises and provides
• Start up funding
• Strategic and business planning guidance
• Practical business support including training,mentoring and pro-bono legal services
To be eligible for a start up grant of up to £20,000 you must have:
• A realistic business idea
• Robust financials - potential for a sustainable social business without a reliance on grant funding
• Potential for a social business providing employment for residents of Tower Hamlets.
Together with social outcomes such as youth training, healthy living, local environment improvements.
How Applications are assessed:
Stage 1: Applicants submit an expression of interest form for a panel review
Stage 2: Applicants successful at stage 1 complete a business plan, with support from the Beyond the Barn team
Stage 3: Applicants present their business idea and plan to an independent panel and grants approved for successful applicants.
Need an expression of interest form?
Please contact Kim Hayman, The Barn, Bromley by Bow Centre, St Leonard’s St, E3 3BT or call 020 8709 9722.
Alternatively you can email socialenterprise@bbbc.org.uk
Closing date for Submission of Expressions of Interest is 8th June 2009.
