SOCIAL ENTERPRISE A few useful things to know WSCC Social Enterprise Fund Barbara Beaton Social Enterprise Advisor ILM Level 5 Diploma in Social Enterprise Support - WSSEN Ana Fajardo Development Manager, Economic Development - WSCC

Definition ‘A social enterprise is a BUSINESS with PRIMARILY SOCIAL OBJECTIVES whose surpluses are PRINCIPALLY REINVESTED for that purpose in the business or in the community, rather than being driven by the need to maximise profit for shareholders and owners' (DTI, 2002).

What does Social Enterprise look like? Many different shapes, sizes and sectors Social goals and objectives A business selling products or services Principle activity focusses on “trade” Aligning social and commercial objectives Profits and surpluses reinvested Assets held for the benefit of the community

Mid Sussex Wood Recycling Project

Blueprint 22

And many more…

Finance and Social Enterprise Money Trading Income Loans Equity Grants In Kind Voluntary Contribution Benefits in kind equipment Corporate

Why Social Enterprise? Trading creates unrestricted income Freedom from fundraising? The social enterprise brand Fits with policy objectives Innovative and responsive to need A sustainable funding model? Business linking with community and stakeholders

Support with: Support with: Business Planning; Managing aspirations; Providing ideas; Networking; Events; Lobbying West Sussex Social Enterprise Network (WSSEN) support from qualified Social Enterprise Advisor Specialist training and workshops Thematic events Opportunities to network Study visits Bulletin Website

Support available from the Council for Voluntary Services (CVS) Support available from the Council for Voluntary Services (CVS) Arun & Chichester, Adur, Horsham, East Grinstead, Mid Sussex, Crawley, Worthing Confidential conversation around your proposal; insight gathering and ‘horizon scanning’ Knowledge of existing projects, groups and organisations and policies affecting your idea Guidance on sourcing funding and gathering evidence and making applications Links to; networks, other organisations, potential partners, experience etc.

SEF Guidelines Up to £300,000 available this financial year!

Previous Projects Blueprint 22 Worthing CVS Ferring County Centre Work This Way Graffham Village Shop Association West Sussex Credit Union The Arc Hubs

SEF DEADLINE: WEDNESDAY 21 st AUGUST 2013 at 5pm

What this fund is for: Start up or grow Income generation Benefits to the community and the environment (social objectives at the core) To be delivered in West Sussex SEF GUIDELINES

Who can bid for this fund? Social Enterprises Voluntary and Community organisations Private sector Individuals SEF GUIDELINES

What the fund is NOT for: Current activities or projects Retrospective activity Feasibility studies If it duplicates If it discriminates If you are not legally compliant SEF GUIDELINES

Selection process: SEF GUIDELINES 1. Proposal is checked against criteria 2. Panel of experts (WSCC Members and experts) 3. Recommendations made to Cabinet Member for Finance for final decision

Deadline 21 st August 2013Panel to meet …Report to Member of FinanceDecisions announced …Payments made … SEF GUIDELINES Timeline:

READ THE GUIDELINES Make sure you and your proposal are ELIGIBLE Make sure you have filled in the APPLICATION FORM and FINANCIAL SPREADSHEET Submit the Application Form and Financial Spreadsheet by the deadline - 21 st AUGUST 2013 FILL IN ALL THE SECTIONS - we will not ask you twice Use the CHECKLIST at the end of the Application Form Stick to the number of words Ensure you have SIGNED the forms SEF APPLICATION FORM

A clear and concise business proposal with social objectives Setting out what, who, how, why, and when - well explained-answer the Qs Your Unique Selling Point Clear picture of the finances - short and longer term

Linkage to WSCC performance framework Identification of the social impact and how this will be evidenced Legal and regulatory formalities SEF APPLICATION FORM

Remember: THIS IS A COMPETITIVE PROCESS SEF APPLICATION FORM

Further support for your proposal WSSEN: Social enterprise advisor You local CVS Send queries to: Info and contacts:

Barbara Beaton, SEA, WSSEN / Ana Fajardo, WSCC Your can also contact your local CVS: Adur Voluntary Action: Crawley CVS: East Grinstead CVS: Horsham CVS: Mid Sussex South CVS: Voluntary Action Arun & Chichester: Worthing CVS: