Enterprise Development Programme
The Enterprise Development Programme is a five-year programme, funded by Access – The Foundation for Social Investment and managed by a coalition of partners.
The programme aims to provide a broad range of support for charities and social enterprises in England, helping them become more financially resilient by developing new enterprise models, or by growing existing ones.
This programme will support enterprise development for charities and social enterprises in England until 2023. It aims to provide a broad range of support to help organisations make a transition to new enterprise models or grow existing ones.
Following a successful pilot involving the youth and homelessness sectors, the fund is now open to organisations from a total of four sectors: youth, homelessness, mental health and equality. 63 organisations were selected in the first cohort, and further cohorts are due to open shortly.
Organisations will work collaboratively with sector lead organisations (Homeless Link, Centre for Youth Impact, Association of Mental Health Providers and Equally Ours) throughout the programme journey. Packages of support will be agreed for each organisation, and could involve any or all of the following:
- Joining a peer cohort to share enterprise journeys
- Grants to research or test out new ideas, or to launch new enterprises or grow existing ones. Grants can be up to £30k, but are likely to be conditional on evidence of growing income streams
- Training and learning opportunities tailored to needs
- Direct advice and support
We at Eastside Primetimers have built a strong track record of helping organisations develop their capacity and diversify their income streams through practical support. We have had a very high success rate on similar programmes, such as the National Lottery Community Fund’s Big Potential programme and the Access Reach Fund.
How can we help you?
To discuss your eligibility and hear more about the support we might give, please email email@example.com or call us on 020 7250 8334 to arrange a conversation with our Enterprise Fund lead, Jo Simpson.
Abbeycroft Leisure“The support secured through the Big Potential programme and provided by Eastside Primetimers has been invaluable. It has enabled Abbeycroft Leisure to respond quickly to opportunities by building a number of models that enable a better response to contracts. This has included financial modelling, contract documents, mobilisation and project management documents. Eastside Primetimers are also helping the Board and Senior Leadership Team with future options for growth and refining the approaches to this next stage of development”
Warren Smyth, Chief Executive Absolutely Leisure“Eastside Primetimers consultant Neil Shearer assisted us with a strategy workshop – this workshop promoted us to revisit a previous piece of work from a different perspective. The outcome has been that we’ve developed an innovative new stream of business that has added 25% to our revenue. I think it’s safe to say that the strategy workshop proved a valuable investment in time and thinking”
Gregory Sinclair, Managing Director Ecological Land Co-operative“We found Eastside Primetimers and their consultant very good to work with. Our Big Potential project with them resulted in a detailed five-year business plan, agreed upon by our trustee board, which helped underpin our expansion through the share issue. For our current share issue we have been able to use the modelling tools to reflect on our progress and update our business plan”
Sonia Sinanan - Ecological Land Co-operative, Operations Manager North Norfolk Community Transport“Working with Eastside Primetimers was instrumental to NNCT having a strong period of growth. The diagnostic their team performed helped us reflect on our needs and identify areas where we needed support, including governance and sustainability. We have doubled in size, with more income from sustainable, longer-term contracts rather than grants. Their variety of consultants with different backgrounds, skills and ideas gave us access to their experience and to personal support on a peer basis”
Matt Townsend, former chief executive The Giving Machine“From the start, the team from Eastside Primetimers took the time to really understand our current business model and social proposition in depth. This led to the development of a revised marketing strategy and supporting business plan. Funders and advisors who reviewed our plan were keen to point out the quality of the delivered plans and this was a crucial factor in securing our social funding in 2017. Thank you Eastside Primetimers – if only every partner delivered to that quality!”
Richard Morris, Founder and CEO