The Santander Social Enterprise Development Awards aim to support social enterprises and charities with trading activities looking to grow their business and improve their local community.
The Development Awards are targeted at established social ventures that have ambitions to develop their organisation but need a financial boost to help them realise their potential. SEDA is an annual competition with winners selected on the strength of their business plan for growth.
SEDA supports social enterprises and charities working for the direct benefit of their community via one or more of the following critical social outcomes:
Improving Social Inclusion - For example:
• Working with rurally isolated areas to make services and goods more readily available
• Combating loneliness amongst our elderly population
• Helping to integrate marginalised groups into the community
• Working with deprived neighbourhoods to regenerate their community
Supporting Disadvantaged People through Skills, Training or Employment - For example:
• Activity which provides people with formal or informal training, skills development, work experience and/or direct employment
• Creating employment opportunities for people with learning difficulties
Creating a Greener Environment - For example:
• Provision of green education to schools and colleges
• Neighbourhood recycling programmes
• Carbon footprint reduction initiatives
Who can enter?
The Development Awards are focused on two types of enterprises; Enterprising Charities and Social Ventures.
Enterprising Charities - Growth Award offers a prize of up to £10,000 to support UK registered charities and community groups looking to increase trading. Deadline for applications: 21 May 2014.
Social Ventures - Catalyst Award offers a prize of £5,000 to social enterprises looking to grow their business. Deadline for applications: 16 June 2014
Additional Support
SEDA will work with the winning businesses to help them assess their community impact, make the most of their prize money and help add value to their enterprise.
In addition to the cash prize the winning social enterprises will have access to a variety of other opportunities:
• Monitoring and evaluation support so you can measure the success of your business
• Networking with other Santander Social Enterprise Development Award winners
• Access to mentoring and business advice
For further information and to apply, visit: www.santanderseda.co.uk