"Making a difference while making a profit isn't easy," UK social enterprises awarded for doing just that
Co-wheels Car Club CIC won the environmental social enterprise award with its national car club that enables its members to access cars on a ‘pay by the hour’ basis, encouraging people to think more about their journey, and to only take the car when it’s the best option, helping to cut car use and tackle climate change. It now operates in more than 35 towns and major cities across the UK with 4,400 members and 190 vehicles.
Nigel Kershaw OBE, group chairman and CEO of Big Issue Invest, the Big Issue's social investment arm, was championed for his personal contribution to social innovation in the UK and recongnised with the Social Enterprise Champion award.
As CEO of Big Issue Invest he has always been determined to invest in and regenerate communities, preventing people from having to live on the streets. Since 2005, Kershaw has run the organisation that has invested more than £20m in 160 social enterprises, reaching almost 1.7 million people.
Big Issue Invest were also recognised for its partnership with Unity Trust Bank, the specialist bank for the social economy, with the social investment deal award. The two social economy organisations partenered up earlier this year to enable the social enterprise, Sandwell Community Caring Trust, to buy a high-quality 62 bed residential care home for elderly people with dementia.
Mainstream business showed their growing interest in the social enterprise space pulling together as sponsors of the event and individual awards. The Independent on Sunday was the headline sponsor of the Awards, with category sponsors including RBS, BP, Landmarc, PwC, CAN Mezzanine, Charity Finance Group, Nuffield Health, the Social Economy Alliance, InterContinental Hotels Group and SITA.