SENW attracts £1.9M in first year
Figures revealed at Social Enterprise North West's AGM revealed that SENW has made a huge contribution to the sector since its formation just 18 months ago and that an extra £1.9million had come to the region to benefit social enterprises.
And the money was secured from a range of sources including regional, national and European funding. An additional £400,000 was granted from the European Regional Development fund, while £145,000 came from the Office of the Third Sector by way of the Northwest Regional Development Agency to fund a series of masterclasses, a mapping exercise and sub-regional workshops. A massive £787,000 was drawn down from the European Social Fund for innovation and transnational projects, while the award for £562,800 from Capacitybuilders was the largest amount for any regional social enterprise body.
The funding has also created nine new jobs to deliver the programmes and secured hundreds of other posts in social enterprises across the North West.
Chief executive, Val Jones, said “Social Enterprise North West aims to provide a strong voice for the social enterprise sector and strengthen the social economy in the North West by working collaboratively with existing social enterprise networks and agencies to deliver a coordinated strategy, driven by the sector itself.”