Social Enterprise Exchange is a programme of support for social enterprise in Sheffield City Region delivered by a community-based consortium in collaboration with Sheffield City Region Growth Hub and funded by European Regional Development Fund 2014–2020

1. Social Enterprise Exchange
Launch Presentation
Social Enterprise Exchange is funded by European Regional Development Fund 2014-2020

2. Social Enterprise Exchange is a new initiative providing a comprehensive programme
of support to social enterprises across the Sheffield City Region to promote social
entrepreneurship and contribute toward job creation, growth and social inclusion.
It is delivered in collaboration with the Sheffield City Region Growth Hub by a
community-based consortium including Community Media Solutions, Groundwork
South Yorkshire, Cultural Industries Quarter Agency, Sheffield Local Television, South
Yorkshire Community Foundation, Voluntary Action Barnsley and Bolsover CVP.
Funded by European Regional Development Fund 2014-2020
Social Enterprise Exchange (SEE)

3. Social Enterprise Exchange (SEE)
• Three year programme of social enterprise support
• Contributing to jobs, growth and social inclusion
• Covering the Sheffield City Region
• Delivered by a community-based consortium
• In collaboration with SCR Growth Hub
• Funded by European Regional Development Fund

4. SEE Delivery Partners
• CM Solutions
• Groundwork South Yorkshire
• Cultural Industries Quarter Agency
• Sheffield Live!
• South Yorkshire Community Foundation
• Voluntary Action Barnsley
• CVP Bolsover

5. SEE social enterprise definition
“A business with primarily social/environmental
objectives, whose surpluses are principally reinvested
for that purpose in the business or community rather
than mainly being paid to shareholders and owners”
[Based on Cabinet Office and BIS definitions]

6. Social enterprise opportunities
• Growing awareness and understanding
• Social and environmental value / public interest
• Contribution to social and economic inclusion
• Proven resilience compared to other SMEs
• Relevance to growth sub-sectors: skills and
employability, heath and social care, creative and
digital, environment, community regeneration +

7. Social enterprise challenges
• Low levels of entrepreneurship in SCR
• Below national average for business starts
• Need for specialist know-how and support e.g.
legal structures, funding, impact assessment
• Difficulty for SEs in accessing traditional finance
• Lack of obviously identifiable “go to” solution

8. SEE framework in brief
• Promote – social enterprise in SCR
• Accelerate – social enterprise start-ups
• Transform – existing social enterprises
• Evaluate – lessons learned
• Sustain – regional SE support infrastructure

9. SEE promotional activities
• Conferences
• Promotional workshops
• ‘Lunch Plus’ networking events
• Community outreach
• Media-based storytelling / social media
• Social enterprise masterclasses
• Presence at community and business events

10. SEE support to social enterprise

11. Accelerate
your social enterprise start-up
• ‘Accelerate’ hot-house workshops for start-ups
• Bespoke package of follow-up support
• Drop in ICT facilities and hot desks
• Social enterprise start-up grants (£1k - £1.5k)
• Signposting to other start-up assistance

12. Transform
your existing social enterprise
• Access to specialist advisors and mentors
• Marketing support / video production
• Building-based development support
• Grants for social enterprise growth (up to £5k)
• Financial planning / signposting to investment

13. SEE output targets
• 120 social enterprises supported
• 100 potential entrepreneurs assisted
• 50 new social enterprises started
• 60 new jobs created

14. SEE commissioning
• Local SE incubators – at least 8 locations
– Assuring geographical spread
– Providing mentoring and advice
– Meeting space, hot desks and ICTs
– Bringing own resources to the mix
• Specialist social enterprise advisors

15. How to get involved?
Register interest at: www.socentXchange.net
Follow us on Twitter: @socentXchange
Like us on Facebook: /socentXchange
Write to us: info@socentXchange
Call us: 0330 159 3880

16. Social Enterprise Exchange (SEE)
Social Enterprise Exchange is funded by European Regional Development Fund 2014-2020