GMCVO have invested a total of £3,237,570 in 63 Greater Manchester based small and very small social enterprises and trading charities as part of the Access to Growth programme.
The funding/investment programme ran from July 2017 until April 2022 and made 75 investments into organisations that trade to address social needs, strengthen communities, improve people’s life chances, enhance culture and protect the environment.
"These loans are designed for organisations who have the potential to add more value to their local communities and grow their social impact"
One investee, Yellow Jigsaw were awarded £21,600 in September 2021. The investment will enable the Wigan based social enterprise to expand its projects that enable people aged 7 to 70 to develop news reporting and media skills.
The investment will be used to develop two projects - a pop-up TV studio and newsroom clubs for children, Media Cubs, and to grow the online audience of the UK’s first older people’s-led news platform, Talking About My Generation.
Founded by former MEN Media journalist Kirsty Day and charity project manager, Grace Dyke, the social enterprise has worked with a range of well-known brands to develop their media projects, including TalkTalk, Manchester Libraries and Foundation92 - and has plans to further expand its partnerships with brands targeting families and older people.
Both projects have offered Greater Manchester residents a range of media opportunities, from giving children the opportunity to interview Mayor Andy Burnham in their own pandemic press conference, to training older people to launch their own podcasts, news website and magazine.
Kirsty Day, Media Director for Yellow Jigsaw CIC, said “We’re a unique media organisation with a mission to democratise the news - by upskilling people of all ages and backgrounds to create their own media.
“Over the past two years- during the pandemic - we have seen the value that community-led media can have to empower people and build trust between the media and individuals.
"These loans are designed for organisations who have the potential to add more value to their local communities and grow their social impact - so we’re delighted to be awarded the investment to create further impact in Greater Manchester”.
We are looking forward to sharing an impact report later this year detailing the impact of Access to Growth invesments across Greater Manchester. You can find out more about who we have funded here.
If you are a social enterprise, trading charity or community business looking for investment, find out more about how we can help here.