Impact of the Lloyds Bank and Bank of Scotland Social Entrepreneurs Programme
Phase 2 || 2017 to 2022
Overview of this report
The Lloyds Bank and Bank of Scotland Social Entrepreneurs Programme, delivered by the School for Social Entrepreneurs (SSE) and jointly funded by the National Lottery Community Fund, was SSE’s flagship programme between 2012 and late 2022.
The programme was delivered over a decade, in two phases. This impact report focuses on the last five years of the programme (phase 2).
“This report lays out the impact social enterprises, learning support and Match Trading can have on supporting marginalised communities and regenerating local economies. On a larger scale, that has the potential to have the sort of transformational effect that social entrepreneurship was created for in the first place - a new way of doing business that brings purpose and profit together”
Claire Dove CBE, (VCSE) Voluntary, Community and Social Enterprise Crown Representative
The programme was designed to support social entrepreneurs to develop the skills, confidence, and networks they need to start and grow their enterprises, in order to make a positive difference and tackle social problems. The programme was provided free to social entrepreneurs. Competition for places was strong, with 800-1,000 applicants per year, from which around 260 leaders were selected to take part.
Over a 12-month period, the programme offered social entrepreneurs intensive and practice-orientated learning including via expert and peer-led sessions, Action Learning Sets and project visits. Participants also benefitted from support from a Lloyds Banking Group mentor and a grant.
Programme objectives :
Improve business skills for social enterprises
Develop financially sustainable organisations
Increase impact on communities
Learning programmes and grants geared towards the needs of social entrepreneurs who were in the planning or pilot stages. Participants needed to have a enterprise that was less than two years old and a turnover of less than £15,000.
Supported by a traditional grant of £1,000 to £3,000.
Learning programmes and grants were introduced in phase 2 of the programme to offer support to mid-level enterprises with a turnover of between £15,000