Supporting Social Enterprise in Rural Cumbria

 


Welcome to Enterprising Communities Website

A project of Voluntary Action Cumbria



Enterprising Communities will finish on Friday 31st March 2006.

It has been our great pleasure to work with so many different existing and emerging social enterprise groups and all those involved in the social enterprise sector. We hope that we have delivered a good service and you have enjoyed working with us.

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Social enterprises are local communities which work together to achieve the goal of providing a service/s needed by the local population. This maybe IT support youth based services among other areas which may be needed by the local population.

Invoice factoring is often confused with invoice discounting. When invoices are ‘factored’ no borrowing is involved. The invoices are sold to an established finance company at a reduced cost (i.e. lower than their collective worth). An invoice discount arrangement involves short-term borrowing against your unsettled invoices. Whether you choose to turn to an invoice factoring company or an invoice discounting lender, you will at least see some money quickly. By raising capital in this way you will have the cash flow you need to run your business as normal. This means that late payers (of outstanding invoices) are not damaging your business. Finding a good invoice factoring firm is not difficult. There are numerous finance companies across the country who offer invoice factoring as part of their services.

One enterprising sector for our community is the short term lenders offering no nonsense credit for families in need, the availability of these instant loans are in very high demand, so the best bet is to check out early to avoid disappointment.

Voluntary Action Cumbria is currently seeking funding to maintain a service to facilitate enterprise development through signposting community and social enterprises to sources of information, advice and funding.

In the meanwhile, three members of the Enterprising Communities (Bill, Howard & Viv) team have set up their own social enterprise secod (social enterprise and cooperative development ltd) to continue offering specialised support to emerging and existing social enterprises in Cumbria.

We are currently undertaking a robust evaluation of our work which will draw out and consolidate our evidence-based learning. We plan to post this learning on an attractive, creative, innovative and challenging website open to all. We want to see our ideas, approaches, learning, case studies and the tools we have developed widely used. We will alert you when the website is ready.

Please continue to check the Enterprising Communities website www.enterprisingcommunities.org.uk and the Cumbria Social Enterprise Partnership website www.socialenterpriseincumbria.org for information on what's going on in the social enterprise sector in Cumbria.


With very best wishes,

Anne, Bill, Cath, Dani, Howard, Quentin, Rose and Viv


secod
social enterprise and
co-operative development ltd

a new social enterprise to support social enterprise and co-ops in Cumbria and the north of England

further information ..........


Voluntary Action Cumbria - Funding Advice Service

VAC's Funding Advice Service closed on the 15th February.

Funding advice will now be delivered through your local CVS. There will be a transition period with a reduced service until the 1st April when the new countywide service will begin.

If possible, please delay your approach to your local CVS until after the 1st April.

District CVS contact numbers:

Carlisle

01228 512513

Eden

01768 242138

West Cumbria

01900 819191

South Lakeland

01539 742627

Barrow-in-Furness

01229 823144

VAC's "monthly funding update" will be produced in March and April with the first countywide funding bulletin following in May.


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This project is hosted by: Voluntary Action Cumbria



Business Link for Cumbria

 

This project is funded by the: PHOENIX DEVELOPMENT FUND


This project is funded by the: EUROPEAN UNION (ERDF)


This project is funded by the: CUMBRIA RURAL DEVELOPMENT PROGRAMME


This project is funded by: The Countryside Agency

 


This project is funded by:  BARCLAYS

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