Social enterprise

Double celebration for social enterprise support scheme

A support programme for Scotland’s social enterprises has passed the £1m investment milestone. LaunchMe, operated by Firstport, has also launched a fourth round of applications, after securing backing from HIE and Scottish Government.

The scheme supports ambitious social enterprises to grow through being investment ready and connects them with investors looking for social as well as financial returns.

It was introduced in 2014 as a three-year programme through National Lottery Funding. Since then it has helped 22 social enterprises to grow and increase their impact.

They include Locavore, Scotland’s first social enterprise supermarket; Homes for Good, a social enterprise letting agency; and sandwich-shop chain Social Bite.

Anne MacDonald, head of social enterprise development at HIE, said:

“We are delighted to be supporting this fourth round of LaunchMe, which offers a great opportunity to Highlands and Islands-based social enterprises. It can help them scale-up their activity quickly, widen their business opportunities and increase their social impacts.

“We will be offering funding help to successful applicants in the region to support their development proposals.”

Applications for the fourth round opened in August with a deadline of 5 November.

Interested participants can visit the Firstport website for more information 


Social enterprise 02.10.2017

Scotland to host 2018 social enterprise world forum

The 2018 Social Enterprise World Forum will be held in Edinburgh, where it fir...

Read Article about Scotland to host 2018 social enterprise world forum
Social enterprise 10.11.2017

Shetland social enterprise expands

COPE Ltd in Lerwick provides employment and skills for adults with disabilitie...

Read Article about Shetland social enterprise expands
Social enterprise 25.04.2018

Product demand sparks expansion plans for Shetland social enterprise

A unique product developed by a community organisations in Shetland is proving...

Read Article about Product demand sparks expansion plans for Shetland social enterprise

Back to News

View News

More Related News

View Articles