acquiring business for good: latest news
The Acquiring Business 4 Good newsroom provides a hub of media information about this unique pilot programme operating within the social enterprise landscape in Scotland. It's a platform for our members to communicate the successes being achieving on the ground and raise awareness of these emerging new social business models developed to meet real needs in challenging times.
These are stories about people, community and innovation in business to solve social issues.
We also promote any other news relevant to our sector.
Latest SMNRs
Community bands together to buy their local shop with help from AB4G programme
1st May 2012
Acquiring Business 4 Good (AB4G) is delighted to announce the completion of another community business acquisition. Bigton Community Enterprise bought a local shop on mainland Shetland on 14th April 2012. The acquisition was facilitated through shares bought by the community members and supported by Shetland Islands Council, Highland and Islands Enterprise through the Business Gateway and The Co-operative Enterprise Hub as well as the Big Lottery funded programme, AB4G.
Family Enterprise to Social Enterprise
13th Mar 2012
Succession has long been recognised as a challenge for family businesses. Martin Stepek of the Scottish Family Business Association has personal and professional experience of organisations working through this issue. Martin has been a great supporter of AB4G, and he has been particularly helpful in working with sellers who need to not only plan the sale of their business but what they decide to do after the business has a new owner.
acquiring angels: how social enterprises can attract smart money
6th Dec 2011
The recent report ‘Social Investment and the Acquiring Business 4 Good Programme’ produced by MBA students Troy Barnes and Robert Hoermann from Edinburgh University Business School set out to determine if Business Angels were prepared to put their hands in their pockets for social enterprise. We’re talking about serious investment, not philanthropic giving or charitable donation. And given the increasingly turbulent economic times ahead for third sector organisations, with more emphasis being given to commercialisation strategies, the research is timely.
Consultation with some of the top private investors in Scotland*, co-ordinated through Peter Shakeshaft, current Chairman of LINC Scotland, yielded…
Innovative Housing Association creates new social enterprise through community project acquisition
29th Sep 2011
Pentland Housing Association (PHA) acquired the project Community Energy Advice from Ormlie Community Association in early 2011. Renamed Pentland Energy Advice (PEA) and restructured as a Community Interest Company (CIC), the organisation has been able to grow its consultancy services in range and size, in addition to creating employment opportunities for the long-term unemployed. PEA has successfully demonstrated that this new social enterprise acquisition model is viable and points the way to how potential can be realised for future social business development.
Contact
Jayne Chappell
Finance & Resource Manager
tel: +44 (0) 131 225 4178
email: [email protected]
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About
The Acquiring Business 4 Good (AB4G) programme works across the Third Sector delivering mergers and acquisition support.AB4G is a pioneering pilot project developed by Social Firms Scotland and funded through the Big Lottery’s Dynamic and Inclusive Communities fund. One of our key areas of support is to assist social enterprises and charities to acquire profitable private businesses. We also support organisations looking to work together, develop partnerships or merge, either within the Third Sector or cross sector. Social Firms Scotland is the national intermediary promoting and supporting the development of Social Firms. Social Firms are a distinct type of social enterprise. They are recognised internationally as market-led businesses working in a wide range of sectors with the specific social mission of creating employment for people most disadvantaged in the labour market.
Acquiring Business for Good Social Media Newsroom