Contact Us
Voluntary Sector North West
St. Thomas Centre
Manchester
M12 6FZ
Tel: 0161 276 9300
Fax: 0161 276 9301
Email: info@vsnw.org.uk
Social Enterprise Loan Fund
26 January 2010
A loan fund has been set up to help more social enterprises in the region, thanks to a grant of £500,000 from the Northwest Development Agency (NWDA) and the European Regional Development Fund (ERDF).
The Social Enterprise Loan Fund (TSELF) is a Community Development Finance Institution (CDFI) and a registered charity aiming to support social enterprises engaged in social regeneration projects with the provision of loan finance. TSELF has, to date, invested £8million in social enterprises across the UK, helping clients to generate job opportunities as well as training places.
With the newly awarded funding from the NWDA (£250,000) and ERDF (£250,000), TSELF will provide Small Loans for Social Enterprise awards of up to £50,000.
Roy White, North West Regional Director at TSELF, said: “We have a vibrant social enterprise sector in the North West which we are committed to helping to grow. The grant from the NWDA and the ERDF is a great boost, and we are now looking forward to working with more social enterprises, and charities s across the region that are unable to secure sufficient funding from mainstream sources.”
The Social Enterprise Movement as a whole is now made up of tens of thousands of organisations and accounts for more than one per cent of the UK’s total economy.
For more details about TSELF in the North West visit www.tself.org.uk or call 01829 261019
Featured Event
Open Public Services - Passage of a bill workshop
This VSNW/Parliamentary Outreach Service event will explore the stages that the bill would go through, their relative importance and ways to engage and influence
Featured News
Transforming Local Infrastructure Fund results announced
The beneficiaries of the £30 million fund to help transform and modernise local charity support services have been announced by Nick Hurd, Minister for Civil Society.
Relaunch of Voluntary Sector Cuts Website
The Voluntary Sector Cuts website has now been relaunched with additional functionality to enable VCS organisations to records cuts to funding and their effects
Views sought on Department of Health draft statutory guidance
VSNW are requesting your views on draft statutory guidance as support for joint strategic needs assessments and health and wellbeing strategies
Events & Trainings
VSNW’s list of events & training opportunities for VCS groups in the North West
