Equal-Invest: social enterprise development programme

Equal InvestEqual Invest offers an opportunity for social enterprises to access investment and expertise and leapfrog the hurdles that block them from scaling up in both their size and their impact on the community. This programme aims to prepare a selection of social enterprises for growth investment through structured mentoring, with additional consultant support. This preparation will lead to an opportunity for selected enterprises to pitch their aspirations to a range of investors in December 2007.

Equal Invest partners and core stakeholders
The partners for Equal Invest are Tribal plc (lead partner) and Eastside Consulting Ltd. The other core stakeholders are the Social Enterprise Coalition (SEC) and abdi ltd who is the official evaluator for this project.

Tribal’s role is the overall project management including management of the investment events, as well as the development of the Equal Invest virtual learning space and other software tools (via Tribal CTAD). Eastside Consulting's role is to guide and support the development of the social enterprises and mentors. Eastside Consulting's work on this project builds on its experience and expertise in facilitating accelerated development of sustainable social enterprises and helping experienced professionals gain cross-sectoral experience.

The Social Enterprise Coalition's role
The Coalition is providing specialist advice and support to Equal Invest and is contributing to the project in various ways including input into the selection of social enterprises and mentors, input into the design and development of the virtual working space, research into interactive learning materials and dissemination.

abdi's role
abdi is the UK representative of the ROI Institute™ founded and chaired by Dr Jack Phillipshelps. abdi helps organisations evaluate their investment in human capital. abdi is using the ROI methodology to create a framework and standards for measuring the impact of the project on the fifteen social enterprises being developed. In addition, abdi is using the ROI scorecard approach to evaluate the project overall, assessing impact and value.

Forthcoming investment events
Forthcoming investments events are taking place on October 17. The final investment event will take place on December 6 2007, where selected social enterprises will be presenting their business case to a panel of investors for loan finance. The panel will include Nigel Kershaw, Chair of The Big Invest and Henry Pitman, ex-CEO of Tribal.

Visit Equal Invest website

Lead partner

Tribal
www.tribalgroup.co.uk

Core partners

Eastside Consulting
www.eastsideconsulting.co.uk

Tribal CTAD
www.ctad.co.uk

abdi ltd (subcontractor)
www.abdi.eu.com

Social enterprise coalition
www.socialenterprise.org.uk (sub-contractor)