The Ubele Initiative join the Enterprise Development Programme as Black and Minoritised Communities Sector Partner
Since relaunching following its pilot in January 2020, the programme has supported over 80 organisations across the Equality, Homelessness, Mental Health and Youth sectors with tailored support packages, which have included learning programmes and grants.
Seb Elsworth, Chief Executive of Access – The Foundation for Social Investment – said:
“We have learned from our work over the last five years that developing viable enterprise models in charities and social enterprises is a key way to build resilience. It is also a precondition of being able to utilise social investment. We are delighted to be working with The Ubele Initiative and a range of partners to further expand the EDP to the Black and Minoritised Communities sector, both to directly support dozens of organisations and to help strengthen the vital infrastructure for the sector in the longer term.”
Yvonne Field, Founder and Director of The Ubele Initiative, said:
“The Ubele Initiative started ten years ago as a community-led intervention. Since then we have worked intentionally and collaboratively to give voice and support to the needs and concerns of Black and Minoritised communities across the country.
The Black and Minoritised Communities Enterprise Development Programme (BMEDP) is a necessary response to an urgent need for longer term strategic enterprise-led interventions to the Black and Minoritised VCSE sector.
We are pleased to strengthen our partnership with Access and Social Investment Business through BMEDP, and use the programme to support the creation of the first ever National Strategic Alliance to support Community Wealth Building within Black and Minoritised communities."
Deborah Smart, Director of Grants at Social Investment Business, said:
“At Social Investment Business, our strategy involves providing the finance that organisations need to create fairer communities. We know that COVID-19 has exacerbated existing inequalities between and within communities across the UK – particularly for black and minoritised communities. We are pleased therefore to be expanding our partnership with Access on the Enterprise Development Programme to include the Black and Minoritised Communities sector and strengthening our existing partnership with The Ubele Initiative. We look forward to supporting the enterprise activity of charities and social enterprises working in the black and minoritized communities sector.”
How to apply
Stage 1 application for BMEDP will open on 1 June 2021, with a deadline 4 weeks later on 29 June. Stage 2 applications will then remain open for a further 3 weeks, closing on 20 July. You can find the eligibility criteria here.
You can find out more about EDP and the application process here.
-Ends
For further information, please contact:
Access - The Foundation for Social Investment
Ana Van Bilsen Irias
Programme Manager
ana.vanbilsen@access-si.org.uk
Social Investment Business
Miranda Love
Marketing and Communications Lead
Miranda.love@sibgroup.org.uk
The Ubele Initiative
Anita Duda
Communications Manager
anita.duda@ubele.org
Notes to Editors
About Access
Access – The Foundation for Social Investment works to make charities and social enterprises in England more financially resilient and self-reliant, so that they can sustain or increase their impact.
Access does this by supporting the development of enterprise activity to grow and diversify income, and improving access to the social investment which can help stimulate that enterprise activity.
Set up in 2015, Access was endowed with £60m by the Government to support more organisations to access social investment. Access also provides grant into blended finance programmes to enable social investment providers to offer more of the sort of finance the sector most needs.
www.access-socialinvestment.org.uk
About Social Investment Business
Social Investment Business provides finance to create fairer communities and improve people’s lives. They do this by providing the money and support they need directly, partnering to support them effectively and, using their knowledge to inform their own work and influence others.
Since 2004, SIB has deployed and managed over £400m of loans and grants into over 2,000 organisations and enabled almost 1,000 more to get dedicated support through programmes.
About The Ubele Initiative
The Ubele Initiative (Ubele) derives its name from the Swahili word meaning ‘The Future’. Ubele is an African Diaspora led intergenerational social enterprise founded in 2014, to build more sustainable communities across the UK.
They support a wide range of communities, most notably Black and minoritised community organisations and groups, with their community assets (people and physical spaces), through social action, community enterprise development and next-generation leadership initiatives. Ubele’s approach includes facilitating group learning and bringing together a culturally diverse and intergenerational group of community activists and changemakers.
