Promote Ability Community Enterprise CIC (P.A.C.E) delivers affordable services and housing for disadvantaged people in Derby and Derbyshire. To support this agenda, they offer a range of other services to the public and private sector; these include supported housing, a craft centre, community support and a café.
The Clifton Community Arts Centre Ltd (CCAC Ltd), trading as Wellington Orbit, is a social enterprise based in Telford. They took on approximately £75,000 in SITR loans and shares from local people. Here's how social investment is helping them provide art and cultural facilities in the town of Wellington, Shropshire.
Cost of capital
£18,000 (low for first year due to building development)