Investec's Beyond Business in partnership with the Bromley by Bow Centre

Investec and Bromley by Bow Centre

 

Investec is a values driven business. One of our core values is to make an unselfish contribution to society. Nurturing an entrepreneurial spirit is another. Given our short history and that we are founder-led, we have supported different programmes of the Bromley by Bow Centre, our partner since 2008. In 2011, when other sources of funding disappeared, we stepped up support to keep the Centre's unique social enterprise incubator, Beyond Business, open.

Beyond Business, seeks out entrepreneurs in deprived boroughs of Tower Hamlets, Hackney and Newham, committed to creating successful businesses that deliver serious social/environmental impacts. After a competitive selection process, 5-6 applicants a year are awarded seed-funding of up to £17,000 each, as well as specialist business advice and support from Investec employees.

Investec is proud to continue to support Beyond Business, empowering local people to create sustainable solutions to problems in the community. The programme has launched 41 enterprises since 2011, creating over 250 new jobs, and yielding a combined annual turnover in excess of £3.3m. It expanded in reach and scale since Investec became the sole funder in 2011. The rate of enterprises going on to trade beyond their third year increased from 43% to 90%.

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