Book of You acts as a reminiscence therapy, to help people living with dementia to connect to their memories but soon realised that we could help all sorts of people, including older people living in assisted accommodation and young adults with learning disabilities. They've now developed a digital story book helps the user to build a familiar picture and story of someone’s life, filled with precious life events and memories.
Our Digital Marketing Officer Festus spoke with the creative Faith Johnson who founded Caramel Rock. In this podcast we talk about her social enterprise supporting young and vulnerable people in London through fashion and employability. We look into the importance of lived experience but also how Faith valued inexperience when it came to turning her idea.. into a reality.
Duration
3 years
Cost of capital
9.5%
Turnover
£28,700
Amount invested
£75,000
Product
Blended – part grant, part loan
Coronavirus Business Interruption Loan Scheme (CBILS)
Young People Matter (YPM) is an award winning charity and community action group bringing together people of all ages and backgrounds to nurture children’s potential, promote healthy living and develop a greater sense of social responsibility.
Hidden Treasure are an organisation driven by a desire to provide better opportunities and facilities to a community that experiences a lot of the challenges of an unequal society. Their centre in Partington offers a welcoming space where children can play and develop and adults can access support, training and somewhere to meet others and relax.
This #AChangingWorld episode features Pranav Chopra, a social entrepreneur who founded Nemi Teas. This podcast definitely goes down even better with a cup of tea as he talks about how social investment has played a part in his journey and the potential ways to scale up. https://soundcloud.com/goodfinance/a-changing-world-nemi-teas
Duration
5 years
Cost of capital
9.5%
Turnover
£70,000
Amount invested
£50,000
Product
Blended – part grant, part loan
Equity investment
Coronavirus Business Interruption Loan Scheme (CBILS)
It was wonderful to hear from Lizzie Jordan, founder of social enterprise Think2Speak. Listen to this podcast as part of our #AChangingWorld series and we explore how social investment has affected organisations during the lockdown and the opportunities it could now present.
Duration
5 years
Cost of capital
5%
Turnover
£150,460
Amount invested
£82,600
Product
Unsecured loan (incl. overdrafts)
Coronavirus Business Interruption Loan Scheme (CBILS)