The renewal extends Big Lottery Fund’s commitment to the Lloyds Bank Social Entrepreneurs Programme and SSE, which launched in 2012. The award-winning programme, jointly funded by Big Lottery Fund, will support 2,600 social entrepreneurs in total by 2022.
The first five years of the programme has supported 1,300 social entrepreneurs, who are forecasted to reach as many as 1.1 million beneficiaries over five years, according to a social impact review of the programme conducted by CAN Invest and Investing for Good.
Big Lottery Fund’s £2.55m grant to School for Social Entrepreneurs will support a further 1,300 social entrepreneurs over the next five years with grants of up to £10,000. Students also attend a year-long SSE learning programme to help them start up, grow or scale their organisation, and receive mentoring from a Lloyds Banking Group employee.
This funding announcement follows SSE’s 20th anniversary in July, when it celebrated supporting more than 1,000 leaders of social change each year through its learning programmes and courses across its global network of 11 schools.
Alastair Wilson, CEO of School for Social Entrepreneurs, said: “The renewal of our partnership with Big Lottery Fund means School for Social Entrepreneurs can deliver on our mission to support the learning and growth of social entrepreneurs – people who solve problems first-hand within their communities. This grant-funding will directly benefit 1,300 people who are creating tangible social and environmental impact across the UK. We are thrilled to announce this news as we celebrate 20 years of supporting the leaders of social change with learning and connections.”
James Harcourt, Grant Making Director for England, Big Lottery Fund said: “Thanks to National Lottery players we have been able to continue our support for the Lloyds Bank Social Entrepreneurs Programme, in partnership with School for Social Entrepreneurs and jointly funded by Big Lottery Fund. Collaborations like this allow us to maximise the impact of our funding, and the entrepreneurial aspect of the programme aligns with our commitment to putting people in the lead and having a positive impact in communities across England.”
The sixth cohort of the programme will begin in October 2017. People interested in applying for the 2018 cohort can register their interest at https://www.the-sse.org/lbsep/.
Source: Charity Digital News