Lloyds Bank encourages entrepreneurs to start a social enterprise

Lloyds Bank has partnered with the School for Social Entrepreneurs to re-launch its social initiative offering entrepreneurs funding and mentoring in order to start and develop a social enterprise.

The year-long programme, which is running for its second time this year , is designed to support the growth of social enterprises in  communities and will give entrepreneurs access to “practical, facilitated learning” and financial grants from £4,000 to £15,000, depending on whether it is a new idea or scaling an existing social enterprise.

To showcase the opportunities on offer within the scheme, taster sessions will be running during February and March in 12 locations across the country including Bristol, London, Liverpool and Edinburgh.

The programme forms part of Lloyd’s “Help Britain Prosper” strategy which aims to stimulate economic growth and regeneration across the UK.

School for Social Entrepreneurs CEO, Alastair Wilson, commented:

“Working in partnership with Lloyds Bank has enabled us to support some of the most dynamic and promising social enterprises in the UK. This year we’re thrilled to be supporting almost 300 individuals with bright ideas for social change and look forward to seeing their enterprises develop over the course of the programme.”

Graham Lindsay, director of responsible business for Lloyds Bank, added: “We believe that social entrepreneurs have real potential to deliver a positive impact on society.”

To find out more about Lloyd’s Bank Social Entrepreneurs Programme and attend a taster session, click here.

For information on how to start a social enterprise or charity, read our start-up guide here.