The Create story part 2: Double or nothing
From risky ambition in times of economic crisis to cautious social investors, Norman Pickavance reflects on the reasons for Create's demise.
Like walking into an understaffed restaurant, with faulty refrigeration, and a blunt set of knives, the Create Foundation's search for financial nourishment was left unsatisfied.
As Create reached social enterprise superstardom, and received an invitation to meet David Cameron at No.10, the opportunity for investment and expansion seemed to be on the horizon.
But, was the government merely courting a social enterprise celebrity? Did a false sense of success drive a bad decision to expand? When the drive to scale commenced, the reality was one of double digit returns or no investment.
Find out if Norman Pickavance would relive the Create experience in part 3.
If you missed part 1, catch up here.