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‘ A Time of Change’ West Wales 3 rd Sector Conference 2019 21 February – Newcastle Emlyn RFC

Join the A Time of Change conference in West Wales to discover ways to boost your income and trading potential. Learn from successful social businesses and explore strategies for growth and sustainability.

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‘ A Time of Change’ West Wales 3 rd Sector Conference 2019 21 February – Newcastle Emlyn RFC

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  1. ‘A Time of Change’ West Wales 3rd Sector Conference 201921 February – Newcastle Emlyn RFC

  2. Ways to boost your income & trading potentialEsther Price Social Business Wales Advisor

  3. Social Business Wales is funded by the European Regional Development Fund and Welsh Government. Delivered by the Wales Co-operative Centre, it is part of the Business Wales service.

  4. Social Business Wales • Will provide growth support to social businesses across Wales including: • Co-operatives • Mutuals • Social Enterprises • Employee Owned Businesses

  5. Social Business Wales Eligible Businesses must be looking to grow and fit one of the growth principles: Diversification Expansion Collaboration Transformation

  6. Ways to boost your income &trading potential

  7. Social Business Wales • Why: • Shrinking budgets • Political change (s) • Greater competition for grant funding • Public funding is being reduced & public sector organisations commissioning services via contracts • A need to become financially sustainable…

  8. Hidden Assets

  9. Trading

  10. Diversify what you deliver

  11. Delivering contracts

  12. Consortium development

  13. Some client case studies…

  14. BusnesCymdeithasolCymru Social Business Wales /businesswales.gov.wales/socialbusinesswales Theatr Soar Enriching lives in Merthyr through the arts Following the unprecedented success of its chapel renovation project, Canolfan Soar became a company limited by guarantee and reopened in 2011 with its flagship Theatr Soar The centre’s main income comes from theatre and dance group bookings, music lessons and community groups interested in exploring the Welsh language and local culture.

  15. BusnesCymdeithasolCymru Social Business Wales /businesswales.gov.wales/socialbusinesswales Ail Gyfle-Second Chance Engaging ex-offenders to improve their employability Works in partnership with the Wales Community Rehabilitation Centre to improve individuals’ self-esteem, skills base and employability. It does this through involvement in a green social enterprise which creates and sells innovative home and garden products from discarded items in a supported learning environment.

  16. BusnesCymdeithasolCymru Social Business Wales /businesswales.gov.wales/socialbusinesswales Down to Earth Project Practical hands on sustainability training Built an excellent reputation for working with people living in challenging circumstances via nature, construction and the outdoors. Over 200 beneficiaries per year across the project Upskilling 500 people a year from disadvantaged backgrounds Working on the construction of a second site in the Gower, with plans to develop a new programme for commercial organisations

  17. Social Business Wales • How we can help: • Visioning & Growthplanning – Income Diversification • Governance – is it ‘fit for purpose’? • Setting up a Trading Arm • Business & Financial Planning • Marketing & Sales • Consortium set up & Development • Peer-to-peer Mentoring • Independent Valuations

  18. Social Business Wales • Criteria for support will include: • Identified growth aspirations are in place and viable business proposal • Identified key stakeholders to deliver these growth aspirations are in place • Jobs will be created as a result of the support within 2 years • Identified distinct trading activity • Capacity and skill to deliver • Identified clear social objectives

  19. Potential Referral Points • Non eligible clients could be referred to: • Business Wales • Local CVC’s (CAVS, PAVS, CAVO) • Local Authorities • On-line resources

  20. Partnership Working • Strong links with: • WCVA Community Investment Fund • Charity Bank • Unity Trust • Co-operative and Community Finance • Social Firms Wales • Development Trust Association • Community Housing Cymru • Local Authorities

  21. West Wales Business Advisor Team • Esther Price (Carmarthenshire) • esther.price@wales.coop • Sarah Owens (Pembrokeshire & South Ceredigion) • sarah.owens@wales.coop • Nick Wilson (North Ceredigion, South Gwynedd & North Powys) • nick.wilson@wales.coop • Carl Gough (Swansea & Neath Port Talbot) • carl.gough@wales.coop

  22. Request Support • Telephone 03000 6 03000 • E-mail sbwenquiries@wales.coop • Telephone 0300 111 50 50

  23. Remember… ‘It’s not how good you are, it’s how good you want to be’ & ‘There’s no short cuts to any place worth going’

  24. Cwestiynau/ Questions? • Diolch am eich amser • Thank you for your time

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