25th April 2013
The Social Enterprise Development Award (SEDA) is a community investment programme established by Santander in partnership with community foundations to help growing social enterprises across the UK. A national competition is held annually with prizes awarded to fund growth. The next round of SEDA will be launched in summer 2013 and will be open to any organisation that is a social enterprise which has been established and trading for more than two years and is increasing its trading income. Applicants must be able to show that at least 26% of total income is generated from trading activities (not including grant funding).
The organisation must directly benefit society in one or more of the following ways:
• improving social and community inclusion
• supporting disadvantaged people through skills, training and employment
• creating a greener environment
There will be a total of 9 awards to be made across North East England, Cumbria and Hull/East Yorkshire in 2013. 3 at £15,000, 3 at £30,000 and 3 at £50,000 depending on the turnover of the organisation – up to a maximum turnover of £1,000,000.
If you would like to learn more about the 2013 SEDA Awards and the application process there will be a workshop held on Monday 29th April at 2pm until 4pm at Ewanrigg and Netherton Community Centre, Ennerdale Road, Maryport, CA15 8HN.
Places will be limited, so please contact Annalee Holliday before 5pm on Friday 26th April on 01900 825760 or annalee@cumbriafoundation.org to confirm that your social enterprise meets the criteria and to book a place