RBS SE100 announces social enterprise award winners


RBS SE100 announces social enterprise award winners

Three of the UK’s leading social enterprises have shared prizes totalling £25,000 after being recognised as top performing, mission-led businesses in this year’s RBS SE100 Index.

The winners - Right Track, P3 and Patchwork People – all use entrepreneurial approaches to create positive social outcomes for people in their communities.

Ian Walters, MD Business Banking at RBS, said: “This year both the quality and quantity of applicants has been extremely strong, a testament to the success of the sector. We congratulate the 2013 winners and applaud all those organisations across society who are striving for positive change in their communities through entrepreneurship and enterprise.”

Growth winner

A big growth in turnover and ambitions to be a household name saw East Midlands-based Right Track win the Growth award. Founded in 2009, the organisation offers a mix of training and apprenticeships for young people and adults who struggle the most to find work.

Its approach is proving phenomenally successful – the organsation’s turnover has grown to more than £1m in just four years with a 146% rise in turnover between 2012 and 2013.

The RBS SE100 Index judges were particularly impressed by the energy and enthusiasm of the team and their ability to develop the business successfully in new directions. For example, Right Track is now taking on health contracts following work with long-term unemployed people with mental health-related issues.

Impact award

P3, which won the Impact award, has worked for more than 30 years in some of the most deprived areas in the UK, helping some of the most vulnerable people to rebuild their lives.

It won its award because the judges considered P3’s social impact reporting to be well balanced and thorough. It was independently assured, stakeholders were involved in social impact measurement and the organisation took notice of what it learned from its social impact measurement by setting up new services as a result.

Trailblazer

Patchwork People, recently established to help young people develop their talents and confidence through a clothing and accessories label, won the Trailblazing Newcomers award. Products under the Labelled brand are sold through a shop in Darlington and at markets and festivals.

The SE100 is an online listing of social ventures, ranked and scored according to their growth and social impact. Top performers have been selected from over 1000 organisations listed on www.se100net.

Patchwork People founder Gill Walker said: “I absolutely love the SE100 Index. I entered it to benchmark ourselves against others, to evidence our story. It’s a very thorough process, we have entered lots of information and been asked more and more questions. I would completely recommend that process to others.”

As well as being eligible for the prize fund, organisations listed on the live RBS SE100 web platform can use the SE100 tool to create confidential comparative reports of their own performance, benchmarked against others in the country, their region or sector.

Tim West, co-founder of the RBS SE100, said taking the Index online this year meant social enterprises now have “a powerful platform to showcase and benchmark the positive impact they are making in communities across the UK”.

The data collected also indicates that the percentage of women in senior management positions in social enterprises has further increased from 45% in financial year 2011-12, to 59% in 2012-13.

The RBS SE100 Index is open to any organisation delivering social, environmental or economic change. For more information visit se100.net

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