In this section
The Social Investment Business response to the Deputy Prime Minister and Liberal Democrat leader Nick Clegg’s speech
Wednesday 21 September
Responding to Deputy Prime Minister Nick Clegg’s speech to the Liberal Democrat party conference in Birmingham today, where he said jobs and growth and doing more to get the banks lending are the government’s priorities, Acting Chief Executive of The Social Investment Business Darren Garner said:
“We all know how tough it is for small businesses right now, but it’s even harder still for civil society organisations to access mortgages, loans and contracts. Sector organisations need these to survive, build capacity and thrive else it could impact very badly on some of our poorest communities and undermine Nick Clegg’s goal of creating a more equitable society.
“He didn’t mention the sector specifically in his speech today but it’s important that the government’s plans to secure jobs and increase growth include efforts to help charities, social enterprises and community organisations overcome the financial challenges they face.”
---------------------------------------------------------------------------------------
1. For further information or interviews, please contact The Social Investment Business press office:
Liz Banks - 0207 842 7726/ 07809 504072 liz.banks@socialinvestmentbusiness.org
Nicola Jones - 0207 842 7755 nicola.jones@socialinvestmentbusiness.org
2. The Social Investment Business, the largest social investor in the UK, exists to help social enterprises, charities and community organisations do more of what they do best – supporting people and communities most in need. We help organisations prosper by providing innovative financial solutions, business support and long term strategic thinking.
www.thesocialinvestmentbusiness.org @TheSocialInvest
3. The Social Investment Business manages the Futurebuilders Fund and the Social Action Fund on behalf of The Office for Civil Society, the Social Enterprise Investment Fund for the Department of Health the Communitybuilders Fund which was endowed to parent charity the Adventure Capital Fund by the Department for Communities and Local Government. We have over 1,100 active investments which range in size and scope from, for example, £3,600 to help a small organisation bid successfully for a public sector contract, to £6.7million to help a large national charity establish and develop innovative new services for children and young people.