Jo Wedderspoon_2

Joanne Wedderspoon

Development Manager

Charities Aid Foundation

SOCIAL ENTERPRISE DAY 2020

19 November 2020

As we celebrate Social Enterprise Day 2020 we thought we’d share some stories of our amazing investees. 

 

Social Enterprises are like traditional businesses in that they aim to make a profit but it’s what they do with their profit that makes them a Social Enterprise.  They reinvest their profit back into their charitable activities, support local communities and help the environment.  There are over 100,000 social enterprises throughout the country contributing £60 billion to the economy and employing 2 million people.

Since 2002 CAF Venturesome has made 654 social investments to social enterprises and charities all over the UK; lending over £55m. 

We are in awe of the resilience of our Social Enterprises this year and we thank everyone for their hard work.

Here’s just a few to celebrate today.


The Bevy

The Bevy is a community-run pub in East Brighton that provides more than just a pint of beer. It is a place for people to come together – for lunch clubs, dementia cafes, cooking lessons, arts and crafts sessions, family fun days, music nights, pub quizzes and much more.  Obviously this is in “normal times” and they have had to adjust in the last few months.  When they had to close in March they started delivering a ‘meals on wheels’ style service to vulnerable people.  They continued to deliver this service when they re-opened and of course are doing it during the November lockdown.   They were thrilled when they received a virtual visit from HRH The Duchess of Cornwall earlier this month to mark Meals on Wheels week.

The Good Wash Company

The Good Wash Company is a luxury wash and ethical lifestyle brand that helps improve lives of animals and people in local communities in Wales. It has worked hard to provide soaps and handwash to their local NHS community during the COVID-19 crisis.  Their products are cruelty free and are sourced from only the finest natural products from the land and sea.

HISBE Food

HISBE, a social enterprise supermarket in Brighton (and soon to be Worthing), is committed to ensuring that good food remains accessible and affordable.  They had to put some of their expansion plans on hold during the pandemic but are committed to keeping their Brighton store open to ensure that the farmers, producers and suppliers they work with can protect their livelihoods.

Vegetables in social enterprise supermarket

Local Food Links

Local Food Links is a community owned social enterprise with a mission to ensure all school children have access to healthy school meals.  They supply 3,700 meals a day to 55 schools in Dorset, Somerset and Devon.  During the pandemic they had to close their kitchens but were able to keep all of their staff employed through furlough scheme.  They re-opened all their four kitchens in September and are adapting their systems to make them easier for busy parents.  Venturesome is very proud to have supported Local Food Links for the last 8 years and seen their social enterprise grow so that they have been strong enough to survive the recent crisis.  Read their case study and watch their video here.

Producers Direct

Social Enterprises operate all over the world and we are able to support international projects, such as Producers Direct, as long as they are based in the UK.  Producers Direct, created by the Fairtrade coffee company Cafédirect, is a farmer-led organisation with projects in East Africa and Latin America.  They create opportunities for smallholders to share, build upon and strengthen their activities.  They recently took on social investment to allow them to provide microfinance to farmers to allow them to purchase new equipment to build their capacity.  Read their case study here.

Young People Matter

YPM is an award winning, diverse social enterprise offering a variety of in-school services to children and young people from 4 – 21 years.  By running their after school and holiday clubs in more affluent areas they can support children in areas of greater social need by offering those free places.   During the COVID-19 crisis they had to temporarily close all but one of their clubs, which supported vulnerable children and those of key workers. As restrictions were lifted they were able to run summer holiday clubs and are now looking to expand their services.  We were delighted that their inspirational CEO Kemi Florian joined us as our guest on our recent webinar Stabilise and Grow.  Read Young People Matter’s story here.

Children at Young People Matter club

Find out how CAF Venturesome can support your Social Enterprise.  Watch our video.  

We’d like to thank our funders for allowing us to use their money to lend to the social enterprises.  Find out how you can use your charitable money to support social enterprise here.

For more information about Social Enterprises and SEUK’s Buy Social Campaign visit the Social Enterprise UK website.



CAF Venturesome is dedicated to providing social enterprises and charities with the affordable, flexible finance they need to stabilise and grow their social impact during this very uncertain time. We reiterate our promise to do all that we can to support high-impact social organisations. 
 
Talk to our team on 03000 123 300 or email us at venturesome@cafonline.org and we’ll be happy to help.


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