Friday 14th January, 2011
Social Business Trust offers 10 million GBP in cash to encourage social enterprise
The Social Business Trust launched in December as a partnership of six organisations - Bain & Company, Clifford Chance, Credit Suisse, Ernst & Young, Permira and Thomson Reuters - with the aim of encouraging the growth of social enterprises.
Over the next two years, SBT is looking to support 20 strong, sustainable social enterprises in the UK who want to scale up their organisations. The goal of the project is to enable these social enterprises to meet the needs of one million additional people in the UK through the injection of 10 million GBP in cash and in kind from the founding partners to support the selected enterprises.
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