Social Business Wales

Project description

The Social Business Wales Operation will provide specialist business support to growth social businesses across Wales. Social businesses include social enterprises, co-operatives, mutuals and employee owned businesses.

Delivery model

One to one support will be available to eligible social businesses looking to expand and develop their business. This support will include:

• Visioning and growth planning
• Stakeholder engagement
• Legal structure advice and incorporation
• Board development
• Business planning
• Financial planning
• Sales strategy and marketing
• Tax and VAT advice
• Recruitment and HR

Market development support will underpin the one to one support offered to eligible social businesses across Wales.

Geographical coverage

The project is delivered in all areas throughout Wales.

Essential eligibility criteria

Entry to the project will be determined by the Business Adviser for the region. To be eligible the Social Business must demonstrate growth e.g. job creation or expansion, transformation, collaboration or diversification.

Specific targets

• Employment increase in supported enterprises (500)
• Enterprises receiving non-financial support (500)
• Enterprises adopting or improving sustainable development strategies (250)
• Enterprises adopting or improving equality strategies/monitoring systems (250)

Contact details

Email: sbwenquiries@wales.coop
Telephone: 0300 060 3000
Address: Y Borth, Beddau Way, Caerphilly, CF83 2AX
Website:
Twitter:

Progress

Progress to end June 2017

Currently on profile with all targets:

• Social Business Wales has supported 160 social businesses
• Created 116 jobs
• Supported 55 social businesses to adopt or improve their sustainable development strategies
• Supported 61 social businesses to adopt or improve their equality strategies/monitoring systems.