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
Influencing Parliament with the Communities and Local Government Select Committee
As part of the Parliamentary Outreach and VSNW 'Get Involved' series of events, this event will explore:
►What Parliament is and what it does
►How groups can effectively engage with Parliament
►Insights from a Specialist Clerk from the House of Commons Communities and Local Government Select Committee
Featured News
Listen Value Invest campaign is launched at the Houses of Parliament
The Listen Value Invest campaign was launched in a special event at the Houses of Parliament last week.
Demonstrating the local economic and social value of grant-making with the VCS
This new 'think piece' from the Centre for Local Economic Strategies, commissioned by VSNW, explores the shift from grants to contracts, and the value of grant-making within the voluntary and community sector.
North West Mental Wellbeing Survey
North West Mental Wellbeing Survey - a major new survey of 18,500 residents in the North West has been published.
Events & Trainings
VSNW’s list of events & training opportunities for VCS groups in the North West
