Wessex Social Ventures C.I.C.
Description
Wessex Social Ventures (WSV) develops and tests micro-business solutions to social needs in, with and for communities living on under $2 daily. The systems for setting up, operating and supporting the businesses are packaged into a ‘business in a box’ model, which is then sold to NGOs, which identify local people to be entrepreneurs and provide them microfinance loans. The entrepreneurs gain a livelihood for themselves while providing vital products and services to the community that create widespread impact. To date, WSV’s portfolio has already impacted over 25,000 individuals. The Fore’s grant will enable the founders to build relationships with and meet the requirements of larger NGOs with greater potential to disseminate the ‘business in a box’ models.
Funding programme:Core Programme
Funding round:2018 Spring
Grant amount:30000
Location: London
Sector: Economic development and employability