Key Fund backs Social Sense CIC with £90,000 Investment!

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Salford Quays based Social Sense CIC has secured £90,000 from the Key Fund to help scale its impressive social impacts in the areas of Mental Health, Domestic Abuse, Knife Crime plus adolescent Risk Behaviours including Alcohol and Substance misuse.

The Sheffield based Social Investor has committed to Investing from its Northern Impact Fund.  A mixture of grant and loan finance has been received via Access – the Foundation for Social Investment, with funding from the Big Lottery Fund and Big Society Capital.

Social Sense CIC was born out of the Ltd company using surpluses, pro-bono support and various new commissions to help it achieve a successful first year of trading.

Its primary services are to offer schools and communities proven methodologies for improving resilience and access to professional support, with programmes delivered ranging from Mindfulness, Healthy Relationships, Peer to Peer Enterprise and Knife Crime Awareness.

Social Sense Ltd is now fully returning to its roots in Social Marketing, Innovation, Training, Platform and Programme Development. Its primary mission will be to develop new and existing methodologies in order to help generate positive behaviour change, leading to healthier lives and reduced pressures at the crisis end of our public services. It will also support other voluntary organisations in helping them to grow and realise their social missions.

The CIC will benefit from a share of funds from this work and also an early opportunity to innovatively test and deliver new ideas in the North West and beyond.

With an experienced executive Board of Directors already in place, the final step towards complete independence is the appointment of a new CEO to help drive the CIC forward. This will be the main early focus for the Investment as Interim CEO Gary Lovatt explains:

“The CIC has now established itself as an organisation that works in partnership with local populations to solve problems quickly and cost effectively. The support it has received to date has given it a platform to deliver evidence-based programmes on scale and crucially, an ability to demonstrate its social impacts.

The Investment from Key Fund will now take these impacts to another level and the Board are looking forward to recruiting a new CEO within the coming weeks”.

The Key Fund said:

“Key Fund are delighted to be investing in Social Sense, we look forward to seeing all the great impact the organisation will make through its work.”

For more information about Social Sense CIC visit www.socialsensecic.co.uk

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