1. ‘A Time of Change’ West Wales 3rd Sector Conference 2019 21 February – Newcastle Emlyn RFC

2. Ways to boost your income & trading potential Esther Price Social Business Wales Advisor

3. Social Business Wales is funded by the European Regional Development Fund and Welsh Government. Delivered by the Wales Co-operative Centre, it is part of the Business Wales service.
Do not alter or amend this slide in any way

4. Social Business Wales
Will provide growth support to social businesses across Wales including:
Co-operatives
Mutuals
Social Enterprises
Employee Owned Businesses

5. Social Business Wales
Eligible Businesses must be looking to grow and fit one of the growth principles:
Expansion
Diversification
Collaboration
Transformation

6. Ways to boost your income & trading potential

7. Social Business Wales A need to become financially sustainable… Why:
Shrinking budgets
Political change (s)
Greater competition for grant funding
Public funding is being reduced & public sector organisations commissioning services via contracts
A need to become financially sustainable…

8. Hidden Assets

9. Trading

10. Diversify what you deliver

11. Delivering contracts

12. Consortium development

13. Some client case studies…

14. Enriching lives in Merthyr through the arts
Busnes Cymdeithasol Cymru
Social Business Wales
/businesswales.gov.wales/socialbusinesswales
Theatr Soar
Enriching lives in Merthyr through the arts
Following the unprecedented success of its chapel renovation project, Canolfan Soar became a company limited by guarantee and reopened in 2011 with its flagship Theatr Soar
The centre’s main income comes from theatre and dance group bookings, music lessons and community groups interested in exploring the Welsh language and local culture.

15. Busnes Cymdeithasol Cymru Social Business Wales
/businesswales.gov.wales/socialbusinesswales
Ail Gyfle-Second Chance
Engaging ex-offenders to improve their employability
Works in partnership with the Wales Community Rehabilitation Centre to improve individuals’ self-esteem, skills base and employability.
It does this through involvement in a green social enterprise which creates and sells innovative home and garden products from discarded items in a supported learning environment.

16. Practical hands on sustainability training
Busnes Cymdeithasol Cymru
Social Business Wales
/businesswales.gov.wales/socialbusinesswales
Down to Earth Project
Practical hands on sustainability training
Built an excellent reputation for working with people living in challenging circumstances via nature, construction and the outdoors.
Over 200 beneficiaries per year across the project
Upskilling 500 people a year from disadvantaged backgrounds
Working on the construction of a second site in the Gower, with plans to develop a new programme for commercial organisations
An award wining social business based in the Gower (Swansea).
Based in the Gower, Down to Earth has been delivering training &
development programmes for ten years and is fast growing a reputation
as an example of best practice for working with people living in challenging circumstances.
It has successfully developed and implemented a plan to commercialise its services and also secured a number of public sector contracts.
SBW has been involved in supporting this organisation within the following areas:
Governance; advice and support re setting up a trading arm to deliver some of their business /commercial activities. Governance review & future planning
Advice re company compliance
Business growth planning
Marketing

17. Social Business Wales
How we can help:
Visioning & Growth planning – Income Diversification
Governance – is it ‘fit for purpose’?
Setting up a Trading Arm
Business & Financial Planning
Marketing & Sales
Consortium set up & Development
Peer-to-peer Mentoring
Independent Valuations

18. Social Business Wales Criteria for support will include:
Identified growth aspirations are in place and viable business proposal
Identified key stakeholders to deliver these growth aspirations are in place
Jobs will be created as a result of the support within 2 years
Identified distinct trading activity
Capacity and skill to deliver
Identified clear social objectives
A potential client must demonstrate:
Evidence/viability of the business growth plans
Key stakeholders/personnel within the organisation have the appropriate skills/competencies to help deliver the growth plans.
The trading activity i.e. the service s and or products are clearly defined and that there is a viable market for them
The organisation can demonstrate that it has at a strategic and operational level the ability to deliver the business growth development/expansion plans.
The business has clearly defined social objectives which includes determining how the profits generated by the business activity will be used to support the organisations’ social objectives.

19. Potential Referral Points
Non eligible clients could be referred to:
Business Wales
Local CVC’s (CAVS, PAVS, CAVO)
Local Authorities
On-line resources

20. Partnership Working Strong links with: WCVA Community Investment Fund
Charity Bank
Unity Trust
Co-operative and Community Finance
Social Firms Wales
Development Trust Association
Community Housing Cymru
Local Authorities

21. West Wales Business Advisor Team
Esther Price (Carmarthenshire)
Sarah Owens (Pembrokeshire & South Ceredigion)
Nick Wilson (North Ceredigion, South Gwynedd & North Powys)
Carl Gough (Swansea & Neath Port Talbot)

22. Request Support Telephone 03000 6 03000 E-mail sbwenquiries@wales.coop
Here are the contacts details for getting in touch to find out more about Social Business Wales , the support that is available and how we might be able to help you with the business growth developments.

23. Remember… ‘It’s not how good you are, it’s how good you want to be’ &
‘There’s no short cuts to any place worth going’

24. Cwestiynau/ Questions?
Diolch am eich amser
Thank you for your time