LOCAL SOCIAL ENTERPRISE GETS FUNDING
Friday, 21 February 2014 15:41
Local Start-up business, Regener8 Central SCIO has been awarded £25,000 as part of £2.3 million grants awarded to third sector enterprises.
In total 67 enterprising third sector organisations have benefited from Enterprise Ready Fund.
The £6 million Enterprise Ready Fund, which opened to applications in September, builds on a number of current initiatives the Scottish Government has in place to continue to support a sustainable, capable and enterprising third sector.
Angus MacDonald, MSP for Falkirk East welcomed the news, commenting:
“I am delighted that Regener8 Central has been awarded £25,000 from the Enterprise Ready Fund.
“I have been in contact with Neil Donaldson for some time now, trying to assist with taking his project forward.
“He first came to me over 2 years ago with his exciting proposal to form a wood process company using state of the art machinery to manufacture various finished products, sourcing material from wind-blown and local woodland.
“I am glad that his efforts have been recognised and am happy to have been able to assist.
Mr Donaldson said:
“I am so pleased that Regener8 has been awarded this grant.
“Regener8 Central SCIO was given full charity status in January 2013 and is based on the outskirts of Falkirk.
“We set up with two main aims of restoring and conserving local woodlands and getting unemployed people trained in a range of associated skills which aim to help combat unemployment in the area.
“It has taken some time, considerable effort and persistence to get the project off the ground, but I am pleased that it’s value has at last been recognised. This grant will enable us to purchase capital machinery required enabling the enterprise to come to fruition.”
John Swinney, The Cabinet Secretary for Finance, Employment and Sustainable Growth said:
“I would like to congratulate the 67 organisations which have been successful in securing grants from the Enterprise Ready Fund, ensuring the impact of these investments will be felt across Scotland.
“We believe that an enterprising third sector is a vital partner in our economy, in civic society and in the creation of a fairer and more inclusive Scotland. That is why we have invested heavily to help the sector develop.
“We have had a great response to the fund so far and I am keen to remind new, emerging and established third sector organisations that they have until 16 June to apply for funding. I hope that by investing in the third sector and enhancing its self-sufficiency we can look forward to a future where these organisations play a full role in public sector reform.
“Speaking at the Ferd conference provides an opportunity to share the experience of building a strong social enterprise sector, with our friends in Norway. Scotland has an excellent reputation for our work with the third sector. It is regarded as the best place in the world to start a social enterprise and there is increasing international interest in what some are calling the ‘Scottish Model’.”