Charity and Voluntary Sector
CO: Entrepreneurial former council staff were joined at Hammersmith Town Hall last week by Nick Hurd, Minister for Civil Society, to launch their new business – 3BM – which provides a range of critical school support services.
The business is made up of staff from 3 London boroughs; Hammersmith & Fulham, Kensington & Chelsea and Westminster. They are delivering services such as financial management, IT & building development to schools allowing them to focus on education.
The business is made up of staff from 3 London boroughs; Hammersmith & Fulham, Kensington & Chelsea and Westminster. They are delivering services such as financial management, IT & building development to schools allowing them to focus on education.
3BM is the first ever mutual joint venture to spin out of local government. The business is owned by a partnership between the employees and another company. The employees own 75.1% of the business and Prospects, the education employment company, has a 24.9% share. The local councils will see £1m in savings over the next 4 years.
BIG: Big Lottery Fund (BIG) Scotland hasformally handed over the reins to its largest single investment in Scotland as the £50m Life Changes Trust launches in Edinburgh.
The investment from BIG has been made to bring about a step change in the way young people leaving care & people with dementia and their carers access support & services in Scotland in the future. The £50m will be evenly split between the 2 beneficiary groups.
The investment from BIG has been made to bring about a step change in the way young people leaving care & people with dementia and their carers access support & services in Scotland in the future. The £50m will be evenly split between the 2 beneficiary groups.
DWP: The ‘UK is now the world-leader in social investment’, according to a new report looking at progress towards supporting disadvantaged people. Social Justice: transforming lives – One year on sets out progress made against over 100 different commitments across government – since launching the social justice strategy in March 2012.
CLG: Bids are open for the final round of the £20m Homelessness Transition Fund, which will offer grants of up to £150,000 to invest in innovative new ways of preventing & tackling rough sleeping across the country.
CO: What is social action? The Centre for Social Action supports programmes that encourage people to create positive change through social action.
