Our Social Innovation Pioneers programme, initially launched in May 2012, is coming to the end of its first year. During this time we have supported 30 socially innovative businesses across the UK by providing a package of advice, combined with access to our business and client network, to help these businesses to grow and become investment ready. We’re now looking for our second group of pioneers.
Having had the pleasure of being involved in the Social Innovation Pioneers scheme over the last 12 months I’m personally very excited about the possibility of welcoming new social enterprises, from a range of sectors, into the programme. The deadline for applications is 21 April and I would strongly urge any interested organisations to apply.
My role has been to lead Deloitte’s involvement with My Time, one of the participants based in the West Midlands. My Time is an organisation located in Small Heath, in inner city Birmingham, which delivers award-winning inter-cultural and multi-lingual counselling and support services. The business has an extremely impressive management team led by Michael Lilley (Chief Executive Officer) and Amra Dautovic (Managing Director) and its innovative approach in the services it provides has achieved fantastic outcomes for its users.
We have worked with My Time on various projects, including pro bono support from our Business Modelling Group to develop a financial forecast model, property advice from our Real Estate experts, supporting the recruitment of a business manager and jointly hosting marketing events. My Time has also benefitted from marketing advice from Matter & Co, one of our programme partners.
I have certainly enjoyed lending my support to the business, as I know how important social enterprises are to the local economy. Having spoken to Michael, I know that the My Time management team feel that their involvement in our Social Innovation Pioneers scheme has been invaluable to the growth and future prospects of the business. I’m confident that successful applicants in next year’s programme would see similar benefits.
For details on how to apply, please go to http://www.deloitte.com/view/en_GB/uk/about/community-investment/social-innovation/index.htm. And good luck!
Richard is a Director in Corporate Finance, specialising in providing financial due diligence support to private equity and corporate clients on a range of buy-side and sell-side transactions.